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STATE STATUTES & CODES

MINNESOTA STATUTES AND CODES

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.

History:

1989 c 340 art 1 s 2

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