2002 Minnesota Statutes

     501B.05 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. 

    HIST: 1989 c 340 art 1 s 5