2017 Minnesota Statutes
Chapters 447 - 450 — MUNICIPAL WELFARE, RECREATION
Chapter 447 — HOSPITALS, WELFARE ACTIVITIES
Section 447.15 — ADMINISTRATION OF TRUST; DESIGNATION OF TRUSTEES.

Universal Citation: MN Stat § 447.15 (2017)
447.15 ADMINISTRATION OF TRUST; DESIGNATION OF TRUSTEES.

A city of the first class may administer a gift, devise, or bequest to it in trust for the purposes in sections 447.14 to 447.16, as the donor or testator may designate in the will or trust instrument and in accordance with the terms of the will or instrument. Officers of the city or the county where the city is situated who are designated in the will or other instrument creating the trust shall administer it in accordance with the instrument's terms.

History: (1592-6) 1913 c 232 s 2; 1987 c 229 art 10 s 1

Disclaimer: These codes may not be the most recent version. Minnesota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.