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When any instrument, otherwise legal, affecting the title to real estate situate in this state,
granting any interest therein to or evidencing any lien thereon in favor of any person, as trustee,
shall be recorded in the office of the county recorder, or filed in the office of the registrar of titles,
of the county in which such real estate is situate, and the powers of such trustee and the beneficiary
of such trust are not set forth in the instrument expressly or by reference to an instrument so
recorded or filed such designation of such grantee, as trustee, may be disregarded and shall not
be deemed to give notice to any person of the rights of any beneficiary under such trust in the
real estate unless and until an instrument defining or conferring such powers of such trustee and
designating the beneficiary thereunder, with a certificate attached executed by the trustee in
the same manner as deeds are required to be executed by the laws of this state describing such
instrument so granting an interest or evidencing a lien and stating that the same is held subject to
the provisions of such trust, shall be so recorded or filed after such recording or filing of such
instrument granting the interest in or evidencing such lien on the real estate.
History: (8226-1) 1929 c 318 s 1; 1976 c 181 s 2

Official Publication of the State of Minnesota
Revisor of Statutes