1998 Minnesota Statutes

     507.421 Estates and trusts; conveyances, satisfactions, 
  grants, and releases. 

    Subdivision 1.    Made to estate or trust.  A conveyance 
 or grant of an interest in real or personal property made to the 
 estate of a decedent, to the estate of a ward, or to a trust, 
 including a trust in the form of a pension or profit-sharing 
 plan, that names the estate or the trust as the grantee of the 
 interest, is a valid and effective conveyance or grant of the 
 interest to the personal representative, guardian, or 
 conservator of the estate, or to the trustee of the trust, in 
 like manner and effect as if the personal representative, 
 guardian, conservator, or trustee had been named the grantee of 
 the conveyance or grant. 

    Subd. 2.    Made by estate or trust.  A satisfaction, 
 release, conveyance, or grant of an interest in real or personal 
 property that is made by an estate or trust described in 
 subdivision 1, that names the estate or trust as the holder or 
 grantor of the interest, and that is executed by the personal 
 representative, guardian, conservator, or trustee authorized to 
 execute the instrument, is a valid and effective satisfaction, 
 release, conveyance, or grant of the interest, in like manner 
 and effect as if the personal representative, guardian, 
 conservator, or trustee had been named the holder or the grantor 
 in the satisfaction, release, conveyance, or grant. 

    HIST: 1998 c 262 s 8