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Chapter 501B
Section 501B.05
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Recent History
- 2015 501B.05 Repealed 2015 c 5 art 16 s 2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.05 BONA FIDE PURCHASERS PROTECTED.
An express trust not declared in the disposition to the trustee or a constructive or resulting trust does not defeat the title of a purchaser from the trustee for value and without notice of the trust, or the rights of a creditor who extended credit to the trustee in reliance upon the trustee's apparent ownership of the trust property.
History:
Official Publication of the State of Minnesota
Revisor of Statutes