Minn. Stat. § 501C.0407

Current through 2023, c. 127

Section 501C.0407 - EVIDENCE OF ORAL TRUST

The formal expression of intent to create a trust can be either written or oral subject to the requirements of sections 513.04 and 524.2-502. The creation of an oral trust and its terms must be established by clear and convincing evidence.

Minn. Stat. § 501C.0407

2015 c 5 art 4 s 6

Added by 2015 Minn. Laws, ch. 5,s 4-6, eff. 1/1/2016.