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Chapter 501B
Section 501B.12
Topics
Recent History
- 2015 501B.12 Repealed 2015 c 5 art 16 s 2
This is an historical version of this statute chapter. Also view the most recent published version.
501B.12 Grantor and agents of grantor.
If a trust instrument reserves to the grantor, in a nonfiduciary capacity, the control over any or all investment decisions, the trustee is not responsible for the investment decisions made by the grantor or an agent of the grantor.
HIST: 1989 c 340 art 1 s 12
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Revisor of Statutes