Skip to main content Skip to office menu Skip to footer
Capital IconMinnesota Legislature

Office of the Revisor of Statutes

For the purpose of granting consent or approval with regard to the acts or accounts of a
personal representative or trustee, including relief from liability or penalty for failure to post bond
or to perform other duties, and for purposes of consenting to modification or termination of a
trust or to deviation from its terms, the sole holder or all coholders of a presently exercisable
general power of appointment, including one in the form of a power of amendment or revocation,
are deemed to act for beneficiaries to the extent their interests as objects, takers in default, or
otherwise, are subject to the power.
History: 1974 c 442 art 1 s 524.1-108; 1975 c 347 s 14

Official Publication of the State of Minnesota
Revisor of Statutes