Minnesota Statutes 524.2-1110 – Disclaimer of Interest by Trustee
Current as of: 2023 | Check for updates
|
Other versions
If a trustee having the power to disclaim under the instrument creating the fiduciary relationship or pursuant to court order disclaims an interest in property that otherwise would have become trust property, the interest does not become trust property.
Terms Used In Minnesota Statutes 524.2-1110
- Fiduciary: A trustee, executor, or administrator.
- Trustee: A person or institution holding and administering property in trust.