reglab/housing_qa huggingface dataset:
MI Comp L § 14.275 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.275 - Tax Exemption, Deduction, or Credit; Distributions; Prohibited Conduct.

14.275 Tax exemption, deduction, or credit; distributions; prohibited conduct. Sec. 5.  (1) In the exercise of his powers including the powers granted by this act, a trustee has a duty to act with due regard to his obligation as a fiduciary, including a duty not to exercise any power in such a way as to deprive the trust of an otherwise available tax exemption, deduction or credit for tax purposes or deprive a donor of a trust asset of a tax deduction or credit or operate to impose a tax upon a donor, trust or other person. "Tax" includes, but is not limited to, any federal, state or local excise, income, gift, estate or inheritance tax.  (2) A trustee of a private foundation trust, except as provided in section 7, shall make distributions at such time and in such manner as not to subject the trust to tax under section 4942 of the IRC.  (3) A trustee of a private foundation trust or a split interest trust, to the extent that the split interest trust is subject to the provisions of section 4947(a)(2) of the IRC, in the exercise of his powers, except as provided in sections 6 and 7, shall not:  (a) Engage in any act of self-dealing as defined in section 4941(d) of the IRC.  (b) Retain any excess business holdings as defined in section 4943(c) of the IRC.  (c) Make any investments in such manner as to subject the foundation to tax under section 4944 of the IRC.  (d) Make any taxable expenditures as defined in section 4945(d) of the IRC. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.276 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.276 - Split Interest Trust; Applicability of Section 14.275(3)(b) and (C).

14.276 Split interest trust; applicability of section 14.275(3)(b) and (c). Sec. 6.  Subdivisions (b) and (c) of subsection (3) of section 5 do not apply to a split interest trust if:  (a) All the income interest, and none of the remainder interest, of the trust is devoted solely to 1 or more of the purposes described in section 170(c)(2)(B) of the IRC and all amounts in the trust for which a deduction was allowed under sections 170, 545(b)(2), 556(b)(2), 642(c), 2055, 2106(a)(2) or 2522 of the IRC have an aggregate fair market value not more than 60% of the aggregate fair market value of all amounts in the trust.  (b) A deduction was allowed under sections 170, 545(b)(2), 556(b)(2), 642(c), 2055, 2106(a)(2) or 2522 of the IRC for amounts payable under the terms of the trust to every remainder beneficiary but not to any income beneficiary. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.277 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.277 - Distributions; Trust Investment More Restrictive Than or Inconsistent With This Act; Notice to Attorney General.

14.277 Distributions; trust investment more restrictive than or inconsistent with this act; notice to attorney general. Sec. 7.  If a trustee determines that the governing instrument contains provisions, in case of a power to make distributions, which are more restrictive than subsection (2) of section 5, or if the trust contains other powers which specifically direct acts by the trustee that are inconsistent with subsection (3) of section 5, the trustee shall notify the attorney general within 6 months following the effective date of this act, or when the trust becomes subject to this act, whichever last occurs and failure to notify the attorney general within 6 months renders the trust subject to this act. Sections 5 and 6 do not apply to a trust with respect to which notice has been given, unless the trust is amended to comply with this act. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.278 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.278 - Amendment of Trust Instrument.

14.278 Amendment of trust instrument. Sec. 8.  (1) In the case of a trust which is solely for named public charitable organizations and as to which the trustee does not possess any discretion with regard to the distribution of income or principal among 2 or more organizations, the trustee, with the consent of the named public charitable organizations, may amend the governing instrument to comply with subsection (2) of section 5.  (2) If a charitable trust is not subject to subsection (1) of section 8, the trustee with the consent of the attorney general may amend the governing instrument to comply with subsection (2) of section 5. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.279 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.279 - Trustee; Relief From Restrictions of Trust Instrument.

14.279 Trustee; relief from restrictions of trust instrument. Sec. 9.  This act does not affect the power of a court of competent jurisdiction for cause shown, upon petition of the trustee, attorney general or affected beneficiary and upon appropriate notice to the affected parties and the attorney general, to relieve a trustee from any restriction on his powers and duties that is placed upon him by the governing instrument to comply with the rules applicable to private foundations, to terminate the trust or to convert to a public charitable organization. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.280 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.280 - Trustee; Release of Power to Select Charitable Donee.

14.280 Trustee; release of power to select charitable donee. Sec. 10.  (1) Unless the creating instrument expressly provides otherwise, the trustee of a trust, all of the unexpired interests in which are devoted to 1 or more charitable purposes, may release a power to select a charitable donee.  (2) The release of a power to select a charitable donee may apply to all or any part of the property subject to the power and may reduce or limit the public charitable organizations or classes of public charitable organizations in whose favor the power is exercisable.  (3) A release is effected by a duly acknowledged written instrument signed by the trustee and delivered as provided in subsection (1) of section 11. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.281 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.281 - Delivery of Release; Effect of Specifying Public Charitable Organization as Beneficiary.

14.281 Delivery of release; effect of specifying public charitable organization as beneficiary. Sec. 11.  (1) Delivery of a release is accomplished as follows:  (a) If the release is accomplished by specifying public charitable organizations as beneficiaries of the trust, by delivery of a copy of the release to each designated public charitable organization.  (b) If the release is accomplished by reducing the class of permissible public charitable organizations, by delivery of a copy of the release to the attorney general.  (2) If a release is accomplished by specifying a public charitable organization as beneficiary of the trust, the trust thereafter shall be operated exclusively for the benefit of and supervised by the specified public charitable organization until such time as the specified public charitable organization ceases to exist or ceases to be an exempt public charitable organization. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.282 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.282 - Public Charitable Trust; Supervision by Specified Public Charitable Organization.

14.282 Public charitable trust; supervision by specified public charitable organization. Sec. 12.  A trustee of a trust for the benefit of a public charitable organization, with the consent of such organization, may come under subsection (2) of section 11 by filing an election, accompanied by the consent, with the attorney general. Thereafter, the trust is subject to subsection (2) of section 11 and section 13. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.283 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.283 - Filing Copy of Trust Instrument and Report With Specified Public Charitable Organization.

14.283 Filing copy of trust instrument and report with specified public charitable organization. Sec. 13.  The trustee of a trust subject to supervision by a specified public charitable organization, as provided in subsection (2) of section 11, shall file with each specified public charitable organization, (a) a true copy of the governing instrument together with a written report, under oath, setting forth complete information as to the nature of the assets and liabilities with the delivery of the release pursuant to subsection (1) of section 11 or the filing of the election under section 12; (b) an annual report, within 4 1/2 months following the close of each year, setting forth a complete statement of receipts, disbursements, assets together with cost and market value of each asset, and liabilities; and (c) such other information as the public charitable organization deems necessary to compel proper administration of the trust. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.284 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.284 - Effect of Delivery of Release and Acceptance Thereof; Supervisory Authority of Public Charitable Organization.

14.284 Effect of delivery of release and acceptance thereof; supervisory authority of public charitable organization. Sec. 14.  (1) The trustee, by delivery of the release or execution of the election, and each specified public charitable organization, by accepting delivery of the release as provided in subsection (1) of section 11 or by consenting to the election in section 12, agree that the public charitable organization, (a) shall compel the proper administration of the trust; (b) may inspect the books, records, memoranda, papers, documents of title and evidence of assets, liabilities, receipts or disbursements in possession or control of the trustee or other person having custody of the books and records; and (c) may require such other information as the public charitable organization deems necessary to compel proper administration of the trust.  (2) The supervisory authority granted a public charitable organization is in addition to the supervisory authority of the attorney general over charitable trusts under common law and the statutes of this state. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.285 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.285 - Termination or Dissolution of Private Foundation Trust; Consent of Attorney General.

14.285 Termination or dissolution of private foundation trust; consent of attorney general. Sec. 15.  (1) The attorney general may consent to termination or dissolution of a private foundation trust without the necessity of court proceedings if the trust does all of the following:  (a) Gives notice to the attorney general of its intended termination or dissolution.  (b) Makes provision for retention of all its books and records with some suitable person.  (c) Provides the attorney general, at his request, all papers, documents, reports, statements or other information he deems necessary to consent to the termination or dissolution.  (d) Distributes its assets in a manner that avoids taxation under the internal revenue code.  (2) If the attorney general does not consent in accordance with subsection (1), the trust shall be terminated only with consent of a court of competent jurisdiction in an action to which the attorney general is an indispensable party. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.286 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.286 - Action to Enforce Act.

14.286 Action to enforce act. Sec. 16.  The attorney general may bring an action in the circuit court for the county where the charitable trust is located or in the circuit court for Ingham county to do any of the following:  (a) Require the trustee of a charitable trust subject to this act to comply with this act.  (b) Enjoin a violation of this act.  (c) Surcharge the trustee of a trust subject to this act who acts or fails to act in violation of the applicable provisions of sections 5 and 6. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.287 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)|Section 14.287 - Interpretation of Act.

14.287 Interpretation of act. Sec. 17.  This act shall be interpreted to effectuate the intent of this state to preserve, foster and encourage gifts to or for the benefit of public charitable organizations. History: 1971, Act 78, Imd. Eff. July 31, 1971
MI Comp L § 14.301 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.301 - Short Title.

14.301 Short title. Sec. 1.  This act shall be known and may be cited as the "public safety solicitation act". History: 1992, Act 298, Imd. Eff. Dec. 18, 1992
MI Comp L § 14.302 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.302 - Definitions.

14.302 Definitions. Sec. 2.  As used in this act:  (a) "Contribution" means the promise, grant, or payment of money or property of any kind or value, including promises to pay made to an organization or professional fund-raiser. Contribution does not include money or property received from a governmental entity or a foundation restricted as to use. Contribution does not include funds collected by an organization exclusively from the members of the organization or payments clearly stated as not being and are not deductible as a charitable contribution for federal income tax purposes by members of an organization for bona fide membership fees, dues, fines, assessments, or for services rendered to individual members, if membership in the organization confers a right, or other direct benefit, other than only membership status.  (b) "Person" means an individual, organization, group, association, partnership, corporation, trust, professional fund-raiser, or any combination of those entities.  (c) "Professional fund-raiser" means a person who for compensation or other consideration plans, conducts, manages, or carries on, either directly or through paid individual solicitors, a drive or campaign of soliciting contributions for or on behalf of a public safety organization or person. An officer or employee of a public safety organization is not a professional fund-raiser unless his or her compensation or salary is based in whole or in part on the amount of funds raised through solicitations.  (d) Except for an organization that was created for the purpose of electing a candidate to public office and has complied with the requirements of the Michigan campaign finance act, Act No. 388 of the Public Acts of 1976, being sections 169.201 to 169.282 of the Michigan Compiled Laws, "public safety organization" or "organization" means any group, organization, association, union, or conference of current or former law enforcement officers, fire fighters, correctional officers, employees thereof or any other entity that represents itself to be affiliated or associated with such organizations that meet both of the following:  (i) The voting membership is comprised of at least 75% of individuals who are currently or formerly law enforcement officers, fire fighters, or correctional officers.  (ii) The voting membership consists of at least 25% of all of the individuals the organization claims to represent. History: 1992, Act 298, Imd. Eff. Dec. 18, 1992
MI Comp L § 14.305 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.305 - Notice of Change of Information.

14.305 Notice of change of information. Sec. 5.  An organization or professional fund-raiser shall notify the attorney general within 15 days of any change in the information required to be furnished for registration under this act. History: 1992, Act 298, Imd. Eff. Dec. 18, 1992
MI Comp L § 14.306 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.306 - Public Inspection of Registration Forms and Documents; Exemption.

14.306 Public inspection of registration forms and documents; exemption. Sec. 6.  (1) Except as provided in subsection (2), registration forms and documents required to be filed with the attorney general under this act shall be open to public inspection as provided by the freedom of information act, Act No. 442 of the Public Acts of 1976, being sections 15.231 to 15.246 of the Michigan Compiled Laws.  (2) The addresses required to be provided under section 4(2) and 4(9) and as otherwise provided in section 18(6) shall be exempt from the provisions of Act No. 442 of the Public Acts of 1976. History: 1992, Act 298, Imd. Eff. Dec. 18, 1992
MI Comp L § 14.307 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.307 - Registration of Out-of-State Organization or Professional Fund-Raiser; Designation of Resident Agent Required.

14.307 Registration of out-of-state organization or professional fund-raiser; designation of resident agent required. Sec. 7.  The attorney general shall not accept a registration under this act from an organization or professional fund-raiser located in another state or country without the organization or professional fund-raiser first designating a resident agent in this state for the acceptance of service of process. History: 1992, Act 298, Imd. Eff. Dec. 18, 1992
MI Comp L § 14.308 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.308 - Service of Process.

14.308 Service of process. Sec. 8.  (1) An organization or professional fund-raiser which does not maintain an office within this state shall be subject to service of process by service upon its resident agent, or, if there is no resident agent, by service upon the person who has custody of the financial records as designated on the registration form.  (2) If service cannot be made as provided in subsection (1), then service may be made as provided by law or court rule.  (3) After service is effected by either subsection (1) or (2), a copy of the process shall be mailed to the last known address of the organization or professional fund-raiser. History: 1992, Act 298, Imd. Eff. Dec. 18, 1992
MI Comp L § 14.309 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.309 - Use of Name, Symbol, or Statement.

14.309 Use of name, symbol, or statement. Sec. 9.  (1) Except as provided by subsection (2), an organization or professional fund-raiser shall not use for the purpose of soliciting contributions a name, symbol, or statement so closely related or similar to that used by another organization that it would tend to confuse or mislead the public.  (2) Subsection (1) does not apply to an organization or professional fund-raiser with a name, symbol, or statement existing on the effective date of this act.  (3) An organization or professional fund-raiser shall not use for the purpose of soliciting contributions the name of another person not affiliated with the organization without first obtaining the written consent of the person.  (4) A person whose name, symbol, or statement is used in violation of this section may bring an action in the circuit court of the county in which the violation occurs for $25,000.00 or actual damages, whichever is greater, plus reasonable attorney fees. History: 1992, Act 298, Imd. Eff. Dec. 18, 1992
MI Comp L § 14.310 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.310 - Diversion of Solicited Funds.

14.310 Diversion of solicited funds. Sec. 10.  An organization or professional fund-raiser shall not divert solicited funds to a purpose or purposes other than that for which the funds were contributed or solicited. History: 1992, Act 298, Imd. Eff. Dec. 18, 1992
MI Comp L § 14.312 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.312 - Disclosure Statement; Providing Percentage Ranges Upon Request.

14.312 Disclosure statement; providing percentage ranges upon request. Sec. 12.  (1) Each organization or professional fund-raiser shall prepare a disclosure statement to be given with all printed material and read when contact is made by telephone, to each person from whom a contribution is solicited. The disclosure statement shall contain all of the following information:  (a) The name and purpose of the organization.  (b) Whether the solicitor is a separate organization acting on behalf of a public safety organization.  (c) The specific purpose or purposes, including any political purposes and campaign contributions, for which the contributions are to be used.  (d) That the categories and percentages of distributions of contributions are available upon request as provided in subsection (2).  (2) Upon written or verbal request of the individual being solicited, the solicitor shall provide the percentage ranges for each category as described in section 3. History: 1992, Act 298, Imd. Eff. Dec. 18, 1992
MI Comp L § 14.313 (2021)
2021 Michigan Compiled Laws|Chapter 14 - Attorney General|Act 298 of 1992 - Public Safety Solicitation Act (14.301 - 14.327)|Section 14.313 - Information Printed on Written Request for Payment.

14.313 Information printed on written request for payment. Sec. 13.  Each organization or professional fund-raiser shall print the following information conspicuously on all invoices, pledge cards, or other written requests for payment:  (a) The name and purpose of the organization.  (b) Whether the solicitor is a separate organization acting on behalf of a public safety organization.  (c) The specific purpose or purposes for which the contributions are to be used.  (d) That the solicitor is registered with the attorney general and that information concerning the solicitor may be obtained by calling the toll-free telephone number established pursuant to section 15. The solicitor shall provide the person being solicited the toll-free telephone number. History: 1992, Act 298, Imd. Eff. Dec. 18, 1992