There is a newer version of the Minnesota Statutes
2000 Minnesota Code
Chapters 500 - 515B Property Interests and Liens
Chapter 501B Trusts
Section 501B.02 Passive trusts abolished.
501B.02 Passive trusts abolished.
Passive express trusts of real or personal property are abolished. An attempt to create a passive trust vests the entire estate granted in the beneficiary.
HIST: 1989 c 340 art 1 s 2
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