Minn. Stat. § 507.48

Current through 2024, c. 127
Section 507.48 - BONA FIDE PURCHASERS PROTECTED

An express trust not declared in the disposition to the trustee or a constructive or resulting trust does not defeat the title of a purchaser from the trustee for value and without notice of the trust, or the rights of a creditor who extended credit to the trustee in reliance upon the trustee's apparent ownership of the trust property.

Minn. Stat. § 507.48

2015 c 5 art 12 s 9

Added by 2015 Minn. Laws, ch. 5,s 12-9, eff. 1/1/2016.