Minnesota Administrative Rules

8280.0370 DISTINGUISHING DATA.

The filer of a financing statement that uses a settlor's name must provide other information to distinguish the debtor trust from other trusts having the same settlor and all financing statements filed against trusts or trustees acting with respect to property held in trust must indicate the nature of the debtor. If this is done in, or as part of, the name of the debtor, it will be entered as if it were a part of the name under parts 8280.0340 and 8280.0350.

Statutory Authority:

L 2000 c 399 art 1 s 139

History:

26 SR 5

Published Electronically:

November 14, 2003