{"data":{"id":"us-mn/minn.-stat.-524.5-424","jurisdiction":"us-mn","citation":"Minn. Stat. § 524.5-424","heading":"PROTECTION OF PERSON DEALING WITH CONSERVATOR.","body":"(a) A person who assists or deals with a conservator in good faith and for value in any transaction other than one requiring a court order under section 524.5-410 or 524.5-411 is protected as though the conservator properly exercised the power. The fact that a person knowingly deals with a conservator does not alone require the person to inquire into the existence of a power or the propriety of its exercise, but restrictions on powers of conservators which are endorsed on letters as provided in section 524.5-110 are effective as to other persons. A person need not see to the proper application of assets of the estate paid or delivered to a conservator.\n(b) Protection provided by this section extends to any procedural irregularity or jurisdictional defect that occurred in proceedings leading to the issuance of letters and is not a substitute for protection provided to persons assisting or dealing with a conservator by comparable provisions in other law relating to commercial transactions or to simplifying transfers of securities by fiduciaries.","path":["PROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS","CHAPTER 524. UNIFORM PROBATE CODE","Article 5 PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY","Part 4 PROTECTION OF PROPERTY OF PERSON SUBJECT TO CONSERVATORSHIP"],"source_url":"https://www.revisor.mn.gov/statutes/cite/524.5-424","current_through":"2025 Minnesota Statutes","vintage":"","retrieved_at":"2026-09-02T22:10:49Z","sha256":"a55ec4a4147595dad62fe82711c6be36a706fa4db3815acbd9e601d0661487de","source_id":"us-mn","stale":false,"prev":"us-mn/minn.-stat.-524.5-423","next":"us-mn/minn.-stat.-524.5-426"},"notice":"GroundRules: Original legal text. Not legal advice."}