State Codes and Statutes

Statutes > Minnesota > 500-515B > 501B > 501B_02

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.

History:

1989 c 340 art 1 s 2

State Codes and Statutes

Statutes > Minnesota > 500-515B > 501B > 501B_02

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.

History:

1989 c 340 art 1 s 2


State Codes and Statutes


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State Codes and Statutes

Statutes > Minnesota > 500-515B > 501B > 501B_02

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.

History:

1989 c 340 art 1 s 2


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