Michigan § 206.993 Construction and interpretation of act and agreement.

Michigan Statutes

§ 206.993 — Construction and interpretation of act and agreement.

Michigan § 206.993

Ch. 206INCOME TAX ACT OF 1967

Act 160 of 2015MICHIGAN ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) PROGRAM ACT (206.981-206.997)

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Bluebook

Mich. Comp. Laws § 206.993 (2026).

Text

MICHIGAN ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) PROGRAM ACT (EXCERPT) Act 160 of 2015 206.993 Construction and interpretation of act and agreement. Sec. 13. This act and any agreement under this act shall not be construed or interpreted to do any of the following:

(a)Give any designated beneficiary any rights or legal interest with respect to an account unless the designated beneficiary is the account owner.

(b)Give residency status to an individual merely because the individual is a designated beneficiary.

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MICHIGAN ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) PROGRAM ACT (EXCERPT) Act 160 of 2015 206.993 Construction and interpretation of act and agreement. Sec. 13. This act and any agreement under this act shall not be construed or interpreted to do any of the following: (a) Give any designated beneficiary any rights or legal interest with respect to an account unless the designated beneficiary is the account owner. (b) Give residency status to an individual merely because the individual is a designated beneficiary.