Minn. Stat. § 501C.0801

Current through Register Vol. 49, No. 8, August 19, 2024
Section 501C.0801 - DUTY TO ADMINISTER TRUST

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries, and in accordance with this chapter and all other applicable law.

Minn. Stat. § 501C.0801

2015 c 5 art 8 s 1

Added by 2015 Minn. Laws, ch. 5,s 8-1, eff. 1/1/2016.