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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 501C.0815: GENERAL POWERS OF TRUSTEE.

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Where this section sits in the code
  1. PROPERTY AND PROPERTY INTERESTS
  2. CHAPTER 501C. TRUSTS
  3. DUTIES AND POWERS OF TRUSTEE

(a) A trustee, without authorization by the court, may exercise:

(1) powers conferred by the terms of the trust; and

(2) except as limited by the terms of the trust:

(i) all powers over the trust property which an unmarried competent owner has over individually owned property;

(ii) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and

(iii) any other powers conferred by this chapter.

(b) The exercise of a power is subject to the fiduciary duties prescribed by this chapter.

Collected 2026-09-02T22:10:48Z. Source file · JSON

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