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Statutes > Minnesota Laws > Chapters 500 - 515B Property Interests and Liens > Chapter 501B Trusts > Section 501B.03 Termination of Trust Purposes

STATE STATUTES & CODES

MINNESOTA STATUTES AND CODES

Section 501B.03 Termination of Trust Purposes

501B.03 TERMINATION OF TRUST PURPOSES.

If the purposes for which an active express trust is created have been accomplished, or become impossible of accomplishment or illegal, the trust will be terminated.

History:

1989 c 340 art 1 s 3

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