See also TRUSTS
Accounting and bookkeeping, Minn. Statutes 2005 501B.23
Acknowledgments in a representative capacity, Minn. Statutes 2005 358.41, 358.50
Additional trustees, Minn. Statutes 2005 501B.14
Advances
Repayment, enumerated powers of trustees, Minn. Statutes 2005 501B.81
Advisors to
Employment by trustee, enumerated powers of trustees, Minn. Statutes 2005 501B.81
Affidavits, real property transactions, Minn. Statutes 2005 501B.57
Agricultural land
Acquisition of title, acquisition of title, Minn. Statutes 2005 500.221
Annuities, allocation of principal and income, Minn. Statutes 2005 501B.69
Appointment
Baseball park (major league), revenue bond holders, Minn. Statutes 2005 473I.06
Confirmation, Minn. Statutes 2005 501B.22
Decedents, death by wrongful act, Minn. Statutes 2005 573.02
Dissolution of marriage, Minn. Statutes 2005 518.61
Generally, Minn. Statutes 2005 49.215
Partnerships, events causing expulsion of partners, Minn. Statutes 2005 323A.0601
Assets of trust, see Trust assets, powers of trustees under this topic
Assignment of mortgages
Foreclosure, duties, generally, Minn. Statutes 2005 582.11, 582.12
Authenticating trustees, investment securities
Registration of transfer, duties, Minn. Statutes 2005 336.8-407
Unauthorized signatures, Minn. Statutes 2005 336.8-205
Warranties, Minn. Statutes 2005 336.8-208
Bankruptcy, see Trustees under BANKRUPTCY
Banks acting as, see Trustees, banks acting as under BANKS
Beneficiaries
Nonmerger of trusts, Minn. Statutes 2005 501B.13
Trustees as, discretionary distributions, Minn. Statutes 2005 501B.14
Bonds (officers and fiduciaries)
Insurance companies, liquidation, filing new bonds, Minn. Statutes 2005 60B.26
Lawsuits on, Minn. Statutes 2005 574.11, 574.25
Running to state, Minn. Statutes 2005 574.11
Surety costs, expense claims, Minn. Statutes 2005 574.19
Buildings, enumerated powers of trustees, Minn. Statutes 2005 501B.81
Business corporations
Defined as legal representatives, Minn. Statutes 2005 302A.011
Businesses
Operation, separate accounts, allocation of principal and income, Minn. Statutes 2005 501B.665
Trustees defined as, Minn. Statutes 2005 363A.03
Cemetery associations, see Trustees under CEMETERY ASSOCIATIONS
Charitable organizations, Minn. Statutes 2005 309.52, 309.53, 309.55
Charitable trusts, see CHARITABLE TRUSTS
Child support, appointment to receive payment, Minn. Statutes 2005 518.61
Claims, compromise and settlement
Enumerated powers of trustees, Minn. Statutes 2005 501B.81
Common interest communities
Associations as, Minn. Statutes 2005 515B.3-119
Compensation and salaries
Payment, Minn. Statutes 2005 181.16
Uniform Principal and Income Act, Minn. Statutes 2005 501B.71
Condominiums
Unit owners association as, Minn. Statutes 2005 515.25, 515A.3-117
Confirmation, see Court proceedings under TRUSTS
Continuing care facilities, rehabilitation, Minn. Statutes 2005 80D.11
Contracts and agreements
Entering into, powers of trustees, Minn. Statutes 2005 501B.81
Nonjudicial settlement agreements, Minn. Statutes 2005 501B.154, 501B.155
Sale, mortgage or lease of real property, confirmation, Minn. Statutes 2005 501B.52, 501B.53
Conveyance of real property
Encumbrances, Minn. Statutes 2005 507.20, 507.21
Registered land, see Trustees under LAND REGISTRATION
Copyrights
Allocation of principal and income, Minn. Statutes 2005 501B.69
Corporate trustees
Replacement, successor corporate trustee, Minn. Statutes 2005 501B.08
Corporations
Generally, see Trustees under CORPORATIONS
Legal work, Minn. Statutes 2005 481.02
County law libraries, see Board of trustees under COUNTY LAW LIBRARIES
Creditors of trustees
Express trust not declared, effect, Minn. Statutes 2005 501B.05
Custodial trustees
Acceptance, Minn. Statutes 2005 529.04
Accounting by, Minn. Statutes 2005 529.14
Defined, Minn. Statutes 2005 529.01
Designation, Minn. Statutes 2005 529.03
Duties and powers, generally, Minn. Statutes 2005 529.06, 529.07
Generally, Minn. Statutes 2005 529.12, 529.13
Lawsuits against, limitations, Minn. Statutes 2005 529.15
Liability, Minn. Statutes 2005 529.11, 529.14
Limitations of action against, Minn. Statutes 2005 529.15
Obligations, Minn. Statutes 2005 529.04
Reports given, Minn. Statutes 2005 529.14
Decedents estates
Liability, estate taxes, payment, Minn. Statutes 2005 291.12
Property, power to sell, Minn. Statutes 2005 291.16
Sale of decedent's property to satisfy judgments, Minn. Statutes 2005 550.04
Tax returns of decedent, inspection, rights, Minn. Statutes 2005 270B.03
Deeds to, Minn. Statutes 2005 507.35
Deferred compensation
Allocation of principal and income, Minn. Statutes 2005 501B.69
Definitions
Business corporations, Minn. Statutes 2005 302A.011
Commercial Code, Minn. Statutes 2005 336.3-307
Custodial trusts, Minn. Statutes 2005 529.01
Employment law, Minn. Statutes 2005 181.60
Estate taxes, apportionment, Minn. Statutes 2005 524.3-916
Human Rights Act, Minn. Statutes 2005 363A.03
Income and franchise taxes, Minn. Statutes 2005 290.01
Industrial development districts, Minn. Statutes 2005 469.153
Investments permitted, Minn. Statutes 2005 501B.59, 501B.79
Limited liability companies, Minn. Statutes 2005 322B.03
Nonprofit corporations, Minn. Statutes 2005 317A.011
Trustees' Powers Act, Minn. Statutes 2005 501B.79
Trusts, Minn. Statutes 2005 501B.35
Unemployment Insurance Law, Minn. Statutes 2005 268.035
Uniform Act for the Simplification of Fiduciary Security transfers, Minn. Statutes 2005 520.21
Uniform Fiduciaries Act, Minn. Statutes 2005 520.01
Uniform Principal and Income Act, Minn. Statutes 2005 501B.59
Uniform Probate Code, Minn. Statutes 2005 524.1-201
Workers' compensation self-insurance, Minn. Statutes 2005 79A.01
Delegation of duties
Agents, selection, reasonable care, Minn. Statutes 2005 501B.152
Determinations by
Distributions, allocation of income, interest, and principal, Minn. Statutes 2005 501B.63, 501B.64
Discretionary powers of distribution
Statutory rule against perpetuities, Minn. Statutes 2005 501A.04
Dissolution of marriage
Appointment to receive payments, Minn. Statutes 2005 518.61
Distribution of interest
Discretionary distributions, Minn. Statutes 2005 501B.14
Enumerated powers of trustees, Minn. Statutes 2005 501B.81
Division of trusts, powers, Minn. Statutes 2005 501B.15
Employers, trustees defined as
Employment law, Minn. Statutes 2005 181.60
Unemployment Insurance Law, Minn. Statutes 2005 268.035
Enforcement of terms of trusts
Actions of agents, Minn. Statutes 2005 501B.152
Enumerated powers, trust assets, Minn. Statutes 2005 501B.81
Estates
Administration, Minn. Statutes 2005 501B.60
Tax returns, inspection by trustee, Minn. Statutes 2005 270B.03
Excess business holdings, Minn. Statutes 2005 501B.32
Exemptions, real estate licensure, Minn. Statutes 2005 82.23
Fiduciaries
Trustees defined as
Commercial Code, Minn. Statutes 2005 336.3-307
Estate taxes, apportionment, Minn. Statutes 2005 524.3-916
Income and franchise taxes, Minn. Statutes 2005 290.01
Uniform Act for the Simplification of Fiduciary Security transfers, Minn. Statutes 2005 520.21
Uniform Fiduciaries Act, Minn. Statutes 2005 520.01
Uniform Probate Code, Minn. Statutes 2005 524.1-201
Financial institutions, board of trustees, Minn. Statutes 2005 300.025
Foreign corporations
Foreign corporations acting as, business transactions, Minn. Statutes 2005 303.03
Indemnification, Minn. Statutes 2005 300.083
Withdrawal applications, Minn. Statutes 2005 303.16
Foreign trust associations, acting as, Minn. Statutes 2005 303.25
Grain buyers, orders, Minn. Statutes 2005 223.17
Housing Finance Agency
Appointment, powers and duties, Minn. Statutes 2005 462A.16, 462A.17
Income taxes
Assessment and collection, time limitations, Minn. Statutes 2005 270C.58, 289A.38
Individual retirement accounts
Allocation of principal and income, Minn. Statutes 2005 501B.69
Banks, acting as trustees, Minn. Statutes 2005 48.15
Financial institutions, acting as trustees, Minn. Statutes 2005 47.75
Industrial development districts
Bondholders, rights and remedies, Minn. Statutes 2005 469.163
Limitations on powers, duties, and liabilities, Minn. Statutes 2005 469.161
Industrial loan and thrift companies
Acting as trustees, Minn. Statutes 2005 53.05
Instruments, execution
Enumerated powers of trustees, Minn. Statutes 2005 501B.81
Insurable interest, Minn. Statutes 2005 61A.074
Investment Board, management duties, Minn. Statutes 2005 11A.04
Investments by
Diversification, requirement, Minn. Statutes 2005 501B.151
Enumerated powers of trustees, Minn. Statutes 2005 501B.81
Higher Education Facilities Authority revenue bonds, Minn. Statutes 2005 136A.38
Higher Education Services Office revenue bonds, Minn. Statutes 2005 136A.178
Investment companies, Minn. Statutes 2005 501B.151
Municipal gas agency bonds, Minn. Statutes 2005 453A.10
Municipal power agency bonds, Minn. Statutes 2005 453.60
Prudent investor rule, compliance, Minn. Statutes 2005 501B.151
Rural Finance Authority bonds, Minn. Statutes 2005 41C.10
Savings association accounts, Minn. Statutes 2005 51A.31
Savings bank accounts, Minn. Statutes 2005 50.17
State university revenue bonds, Minn. Statutes 2005 136F.91
Joint property, casualty, or automobile self-insurance plans
Board of trustees, Minn. Statutes 2005 60F.05
Joint self-insurance employee health plans, Minn. Statutes 2005 62H.05
Judgments
Sale of decedent's property to satisfy, Minn. Statutes 2005 550.04
Lawsuits
Costs and disbursements, recovery, Minn. Statutes 2005 549.14
Death by wrongful act, Minn. Statutes 2005 573.02
Higher Education Facilities Authority revenue bonds, compelling performance, Minn. Statutes 2005 136A.37
Higher Education Services Office revenue bonds, compelling performance, Minn. Statutes 2005 136A.177
Leases
Allocation of principal and income, Minn. Statutes 2005 501B.69
Enumerated powers of trustees, Minn. Statutes 2005 501B.81
Legal actions
Duties, enumerated powers of trustees, Minn. Statutes 2005 501B.81
Legal representatives, trustees defined as
Business corporations, Minn. Statutes 2005 302A.011
Limited liability companies, Minn. Statutes 2005 322B.03
Nonprofit corporations, Minn. Statutes 2005 317A.011
Liability
Actions of agents, Minn. Statutes 2005 501B.152
Adjustment between principal and income, exemption, Minn. Statutes 2005 501B.705
Hazardous substances releases, exemption, Minn. Statutes 2005 115B.03
Income taxes, trusts, Minn. Statutes 2005 270C.58, 289A.31
Nontestamentary instruments, disclaimers of interest, Minn. Statutes 2005 501B.86
Public corporations, Minn. Statutes 2005 317A.257
Reliance on provisions of trust, effect, Minn. Statutes 2005 501B.151
Third persons, liability to, insurance, Minn. Statutes 2005 501B.81
Life insurance companies, Minn. Statutes 2005 61A.38
Limited liability companies
Death, incompetency or bankruptcy of individual members, Minn. Statutes 2005 322B.323
Dissolution, termination, receivership, or bankruptcy of corporate members, Minn. Statutes 2005 322B.323
Legal representatives, trustees defined as, Minn. Statutes 2005 322B.03
Membership interests controlled by, voting rights, Minn. Statutes 2005 322B.36
Records, inspection rights, Minn. Statutes 2005 322B.373
Limited partnerships
Appointment, dissociation of partners, events causing, Minn. Statutes 2005 321.0603
Appointment, general partners, events of withdrawal, Minn. Statutes 2005 322A.32
Medical malpractice insurance, Joint Underwriting Association
Stabilization reserve fund, corporate trustee, Minn. Statutes 2005 62F.09
Medical savings accounts
Financial institutions, acting as trustees, Minn. Statutes 2005 47.75, 48.15
Merger of trusts, powers, Minn. Statutes 2005 501B.15
Minnesota State Academies Board
Acting as trustees for academies' properties, Minn. Statutes 2005 125A.62
Mortgages, assignments
Foreclosure, powers and duties, generally, Minn. Statutes 2005 582.11, 582.12
Multiparty accounts, see MULTIPARTY ACCOUNTS
Multiple trusts
Enumerated powers of trustees, Minn. Statutes 2005 501B.81
Natural resources
Exploration and removal, enumerated powers of trustees, Minn. Statutes 2005 501B.81
Lawsuits to recover damages, authorizing, Minn. Statutes 2005 115B.17
Nonprofit corporations, see Trustees under NONPROFIT CORPORATIONS
Notice given
Adjustment between principal and income, Minn. Statutes 2005 501B.705
Oaths
Oaths of office, Minn. Statutes 2005 358.06
Power to administer, Minn. Statutes 2005 358.10
Trustees of decedents, Minn. Statutes 2005 573.02
Partnerships, enforcement
Partners' contributions, winding up, Minn. Statutes 2005 323A.0807
Party walls, enumerated powers of trustees, Minn. Statutes 2005 501B.81
Payments to
Misapplication, Minn. Statutes 2005 501B.06
Negotiable instruments, identification of payee, Minn. Statutes 2005 336.3-110
Personal property owned, possessed, or controlled by
Tax listing statements, verification, Minn. Statutes 2005 273.25
Portfolio management, Minn. Statutes 2005 501B.151
Powers reserved by grantor, effect, Minn. Statutes 2005 501B.12
Private foundations, duties, Minn. Statutes 2005 501B.32
Proxies, see PROXIES (PERSONS)
Prudent Investor Act, Minn. Statutes 2005 501B.151
Public corporations, liability of trustees, Minn. Statutes 2005 317A.257
Public grain warehouse operators, default, Minn. Statutes 2005 232.22
Public retirement plans, see Board of trustees under specific plans
Real estate licensure, exemption, Minn. Statutes 2005 82.23
Register of trusts and trustees
Attorney general, duties, Minn. Statutes 2005 501B.37
Reinsurers, Minn. Statutes 2005 60A.092
Religious corporations, see Trustees under RELIGIOUS CORPORATIONS
Religious organizations and societies
Appointment, dissolution proceedings, Minn. Statutes 2005 315.38
Removal for cause, Minn. Statutes 2005 501B.16
Reports given, agricultural land
Restrictions on acquisition of title, Minn. Statutes 2005 500.221
Representatives, trustees defined as, Minn. Statutes 2005 336.1-201
Reserves
Creation, enumerated powers of trustees, Minn. Statutes 2005 501B.81
Residential mortgage originator and servicer licenses, exemptions, Minn. Statutes 2005 58.04, 58.05
Retirement plans
Allocation of principal and income, Minn. Statutes 2005 501B.69
Review by, actions of agents, Minn. Statutes 2005 501B.152
Rural Finance Authority, bondholders, Minn. Statutes 2005 41C.09
Savings associations, see Trustees under SAVINGS ASSOCIATIONS
Savings banks
Accounts, rights, Minn. Statutes 2005 50.17
Acting as trustees, Minn. Statutes 2005 49.38, 50.085
School boards
Independent school districts, authority, Minn. Statutes 2005 123B.02
Securities issued by
Life insurance companies, investments, Minn. Statutes 2005 61A.28
Self-dealing, Minn. Statutes 2005 501B.32
Signatures, income tax returns, Minn. Statutes 2005 289A.08
Sole proprietorships, operation
Separate accounts, allocation of principal and income, Minn. Statutes 2005 501B.665
Split interest trusts, duties, Minn. Statutes 2005 501B.32
Spousal maintenance
Appointment to receive payment, Minn. Statutes 2005 518.61
Subdivision of land
Enumerated powers of trustees, Minn. Statutes 2005 501B.81
Successor trustees
Title to trust assets, vesting, Minn. Statutes 2005 501B.08
Supervision of Charitable Trusts and Trustees Act, Minn. Statutes 2005 501B.33 to 501B.45
Tax-exempt corporations, liability, Minn. Statutes 2005 317A.257
Tax returns
Income taxes, trusts, filing, duties, Minn. Statutes 2005 289A.08
Inspection, rights, Minn. Statutes 2005 270B.03
Taxable expenditures, Minn. Statutes 2005 501B.32
Testamentary trusts, Minn. Statutes 2005 524.1-201
Traffic accident reports, access to data, Minn. Statutes 2005 169.09
Trust assets, powers of trustees
Division and merger of trusts, Minn. Statutes 2005 501B.15
Generally, Minn. Statutes 2005 501B.151, 501B.81
Options, Minn. Statutes 2005 501B.61, 501B.81
Trust companies, acting as trustees
Cemetery associations, see Trustees under CEMETERY ASSOCIATIONS
Companies with 10,000 dollars minimum amount, Minn. Statutes 2005 48A.03
Fiduciary duties and powers, Minn. Statutes 2005 48A.07
Mergers or consolidations, effect, Minn. Statutes 2005 49.38
National banking associations, conversions, Minn. Statutes 2005 49.44
Trust expenses
Payment, enumerated powers of trustees, Minn. Statutes 2005 501B.81
Trustees' Powers Act, generally, Minn. Statutes 2005 501B.79 to 501B.82
Trusts
Terms of, deviation from, court powers, Minn. Statutes 2005 501B.151
Uniform Principal and Income Act
Adjustment between principal and income, powers, Minn. Statutes 2005 501B.705
Discretion, Minn. Statutes 2005 501B.60
Entity distributions, reliance on statements, Minn. Statutes 2005 501B.64
Expenses, charges, Minn. Statutes 2005 501B.61
Income received by trustee, administration of estates, Minn. Statutes 2005 501B.63
Vacancies in trusteeship
Acts performed during, confirmation, Minn. Statutes 2005 501B.08
Viatical settlement proceeds, duties, Minn. Statutes 2005 60A.970
Workers' compensation, see Payments by employers or insurers under WORKERS COMPENSATION