Section | Headnote |
---|---|
GENERAL PROVISIONS | |
501C.0101 | SHORT TITLE. |
501C.0102 | SCOPE. |
501C.0103 | DEFINITIONS. |
501C.0104 | KNOWLEDGE. |
501C.0105 | DEFAULT AND MANDATORY RULES. |
501C.0106 | COMMON LAW OF TRUSTS; PRINCIPLES OF EQUITY. |
501C.0107 | GOVERNING LAW. |
501C.0108 | PRINCIPAL PLACE OF ADMINISTRATION. |
501C.0109 | METHODS AND WAIVER OF NONJUDICIAL NOTICE. |
501C.0110 | OTHERS TREATED AS QUALIFIED BENEFICIARIES. |
501C.0111 | NONJUDICIAL SETTLEMENT AGREEMENTS. |
501C.0112 | RULES OF CONSTRUCTION. |
JUDICIAL PROCEEDINGS | |
501C.0201 | ROLE OF COURT IN ADMINISTRATION OF TRUST AND NATURE OF JUDICIAL PROCEEDING. |
501C.0202 | SUBJECT MATTER OF JUDICIAL PROCEEDINGS. |
501C.0203 | ORDER FOR HEARING AND NOTICE. |
501C.0204 | ORDER AND APPEAL. |
501C.0205 | COURT-SUPERVISED TRUSTS. |
501C.0206 | PERSONAL JURISDICTION OVER TRUSTEE AND BENEFICIARY. |
501C.0207 | VENUE. |
501C.0208 | APPLICATION. |
REPRESENTATION | |
501C.0301 | REPRESENTATION: BASIC EFFECT. |
501C.0302 | REPRESENTATION BY HOLDER OF A GENERAL POWER. |
501C.0303 | REPRESENTATION BY FIDUCIARIES AND PARENTS. |
501C.0304 | REPRESENTATION BY PERSON HAVING SUBSTANTIALLY IDENTICAL INTEREST. |
501C.0305 | REPRESENTATION BY COURT; APPOINTMENT OF REPRESENTATIVE. |
CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST |
|
501C.0401 | METHODS OF CREATING TRUST. |
501C.0402 | REQUIREMENTS FOR CREATION. |
501C.0403 | TRUSTS CREATED IN OTHER JURISDICTIONS. |
501C.0404 | TRUST PURPOSES. |
501C.0406 | CREATION OF TRUST INDUCED BY FRAUD, DURESS, OR UNDUE INFLUENCE. |
501C.0407 | EVIDENCE OF ORAL TRUST. |
501C.0408 | TRUST FOR CARE OF ANIMAL. |
501C.0409 | NONCHARITABLE TRUST WITHOUT ASCERTAINABLE BENEFICIARY. |
501C.0410 | MODIFICATION OR TERMINATION OF TRUST; PROCEEDINGS FOR APPROVAL OR DISAPPROVAL. |
501C.0411 | MODIFICATION OR TERMINATION OF NONCHARITABLE IRREVOCABLE TRUST BY CONSENT. |
501C.0412 | MODIFICATION OR TERMINATION BECAUSE OF UNANTICIPATED CIRCUMSTANCES OR INABILITY TO ADMINISTER TRUST EFFECTIVELY. |
501C.0414 | MODIFICATION OR TERMINATION OF UNECONOMIC TRUST. |
501C.0415 | REFORMATION TO CORRECT MISTAKES. |
501C.0416 | MODIFICATION TO ACHIEVE SETTLOR'S TAX OBJECTIVES. |
501C.0417 | COMBINATION AND DIVISION OF TRUSTS. |
SPENDTHRIFT TRUSTS; CREDITOR'S CLAIMS AND DISCRETIONARY TRUSTS |
|
501C.0502 | SPENDTHRIFT PROVISION. |
501C.0504 | RIGHT TO COMPEL DISTRIBUTION. |
501C.0505 | CREDITOR'S CLAIM AGAINST SETTLOR. |
501C.0506 | OVERDUE DISTRIBUTION. |
501C.0507 | PERSONAL OBLIGATIONS OF TRUSTEE. |
REVOCABLE TRUSTS | |
501C.0601 | CAPACITY OF SETTLOR OF REVOCABLE TRUST. |
501C.0602 | REVOCATION OR AMENDMENT OF REVOCABLE TRUST. |
501C.0603 | WRITTEN STATEMENT REGARDING TANGIBLE PERSONAL PROPERTY. |
501C.0604 | SETTLOR'S POWERS. |
501C.0605 | LIMITATION ON ACTION CONTESTING VALIDITY OF REVOCABLE TRUST; DISTRIBUTION OF TRUST PROPERTY. |
OFFICE OF TRUSTEE | |
501C.0701 | ACCEPTING OR DECLINING TRUSTEESHIP. |
501C.0702 | TRUSTEE'S BOND. |
501C.0703 | COTRUSTEES. |
501C.0704 | VACANCY IN TRUSTEESHIP; APPOINTMENT OF SUCCESSOR. |
501C.0705 | RESIGNATION OF TRUSTEE. |
501C.0706 | REMOVAL OF TRUSTEE. |
501C.0707 | DELIVERY OF PROPERTY BY FORMER TRUSTEE. |
501C.0708 | COMPENSATION OF TRUSTEE. |
501C.0709 | REIMBURSEMENT OF EXPENSES. |
DUTIES AND POWERS OF TRUSTEE | |
501C.0801 | DUTY TO ADMINISTER TRUST. |
501C.0802 | DUTY OF LOYALTY. |
501C.0803 | IMPARTIALITY. |
501C.0804 | PRUDENT ADMINISTRATION. |
501C.0807 | DELEGATION BY TRUSTEE. |
501C.0808 | DIRECTED TRUSTS. |
501C.0809 | CONTROL, PROTECTION, AND DELIVERY OF TRUST PROPERTY. |
501C.0810 | RECORD KEEPING AND IDENTIFICATION OF TRUST PROPERTY. |
501C.0811 | ENFORCEMENT AND DEFENSE OF CLAIMS. |
501C.0813 | DUTY TO INFORM AND REPORT. |
501C.0814 | DISCRETIONARY POWERS; TAX SAVINGS. |
501C.0815 | GENERAL POWERS OF TRUSTEE. |
501C.0816 | SPECIFIC POWERS OF TRUSTEE. |
501C.0817 | DISTRIBUTION UPON TERMINATION. |
PRUDENT INVESTOR ACT | |
501C.0901 | INVESTMENT AND MANAGEMENT OF TRUST ASSETS. |
LIABILITY OF TRUSTEES AND RIGHTS OF PERSON DEALING WITH TRUSTEE |
|
501C.1001 | REMEDIES FOR BREACH OF TRUST. |
501C.1002 | DAMAGES FOR BREACH OF TRUST. |
501C.1003 | REMEDIES IN ABSENCE OF BREACH. |
501C.1004 | ATTORNEY FEES AND COSTS. |
501C.1005 | LIMITATION OF ACTION AGAINST TRUSTEE. |
501C.1006 | RELIANCE ON TRUST INSTRUMENT. |
501C.1007 | EVENT AFFECTING ADMINISTRATION OR DISTRIBUTION. |
501C.1008 | EXCULPATION OF TRUSTEE. |
501C.1009 | BENEFICIARY'S CONSENT, RELEASE, OR RATIFICATION. |
501C.1010 | LIMITATION ON PERSONAL LIABILITY OF TRUSTEE. |
501C.1011 | INTEREST AS GENERAL PARTNER. |
501C.1012 | PROTECTION OF PERSON DEALING WITH TRUSTEE. |
501C.1013 | CERTIFICATE OF TRUST. |
501C.1014 | AFFIDAVIT OF TRUSTEE IN REAL PROPERTY TRANSACTIONS. |
UNIFORM PRINCIPAL AND INCOME ACT | |
501C.1101 | DEFINITIONS. |
501C.1102 | DUTY OF TRUSTEE AS TO RECEIPTS AND EXPENDITURE. |
501C.1103 | INCOME; PRINCIPAL; CHARGES. |
501C.1104 | WHEN RIGHT TO INCOME ARISES; APPORTIONMENT OF INCOME. |
501C.1105 | INCOME EARNED DURING ADMINISTRATION OF A DECEDENT'S ESTATE. |
501C.1106 | ENTITY DISTRIBUTIONS. |
501C.1107 | BOND PREMIUM AND DISCOUNT. |
501C.1108 | SOLE PROPRIETORSHIPS. |
501C.1109 | DISPOSITION OF NATURAL RESOURCES. |
501C.1110 | TIMBER. |
501C.1111 | ANNUITIES, QUALIFIED AND NONQUALIFIED EMPLOYEE COMPENSATION, RETIREMENT PLANS AND OTHER PROPERTY SUBJECT TO DEPLETION. |
501C.1112 | TRUSTEE'S POWER TO ADJUST. |
501C.1113 | CHARGES AGAINST INCOME AND PRINCIPAL. |
501C.1114 | NONTRUST ESTATES. |
501C.1115 | APPLICATION. |
501C.1116 | ASCERTAINMENT OF INCOME OR PRINCIPAL. |
501C.1117 | UNIFORMITY OF INTERPRETATION. |
501C.1118 | SHORT TITLE. |
MISCELLANEOUS | |
501C.1201 | MEMORIAL FUND. |
501C.1202 | SUSPENSION OF THE POWER OF ALIENATION. |
501C.1203 | TRUSTS FORMING PART OF RETIREMENT PLANS FOR PARTICIPATING MEMBERS. |
501C.1204 | TRUSTS NOT AFFECTED. |
501C.1205 | TRUST PROVISIONS LINKED TO PUBLIC ASSISTANCE ELIGIBILITY; SUPPLEMENTAL NEEDS TRUSTS. |
501C.1206 | MS 2020 [Repealed, 2022 c 98 art 2 s 16] |
501C.1207 | EFFECT OF DISSOLUTION OF MARRIAGE. |
501C.1208 | SETTLOR AND AGENTS OF SETTLOR. |
APPLICATION AND CONSTRUCTION OF TRUST CODE |
|
501C.1301 | UNIFORMITY OF APPLICATION AND CONSTRUCTION. |
501C.1302 | ELECTRONIC RECORDS AND SIGNATURES. |
501C.1303 | SEVERABILITY. |
501C.1304 | APPLICATION TO EXISTING RELATIONSHIPS. |
Official Publication of the State of Minnesota
Revisor of Statutes