Minn. Stat. § 501C.1208

Current through Register Vol. 49, No. 8, August 19, 2024

Section 501C.1208 - SETTLOR AND AGENTS OF SETTLOR

If a trust instrument reserves to the settlor, in a nonfiduciary capacity, the control over any or all investment decisions, the trustee is not responsible for the investment decisions made by the settlor or an agent of the settlor.

2015 c 5 art 12 s 8

Added by 2015 Minn. Laws, ch. 5,s 12-8, eff. 1/1/2016.