2021 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
501C.0404 TRUST PURPOSES.
A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.
History:
Official Publication of the State of Minnesota
Revisor of Statutes