Section 502.76 Power of Revocation

502.76 POWER OF REVOCATION.

When the grantor in a conveyance personally reserves, for the grantor's own benefit, an absolute power of revocation, such grantor is still the absolute owner of the estate conveyed, so far as the rights of creditors and purchasers are concerned.

History:

1943 c 322 s 16; 1986 c 444