To revise the law that restricts "perpetuities,” which is a legal doctrine intended to prevent assets from being tied-up in long-term family or "dynasty" trusts, so as to reference the <a href="http://www.michiganvotes.org/2008-HB-5909">2008 law</a> exempting certain personal property from the ban.
109 Yeas / 1 Nay | |
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