Minn. Stat. § 524.3-910
Current through 2024, c. 127
If property distributed in kind or a security interest therein is acquired by a purchaser, or lender, for value from a distributee who has received an instrument or deed of distribution from the personal representative, the purchaser or lender takes title free of any claims of the estate and any interested person, and incurs no personal liability to them, whether or not the distribution was proper. To be protected under this provision, a purchaser or lender need not inquire whether a personal representative acted properly in making the distribution in kind.
Minn. Stat. § 524.3-910
1974 c 442 art 3 s 524.3-910; 1975 c 347 s 61; 1976 c 161 s 10