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Minn. Stat. § 501C.0403

TRUSTS CREATED IN OTHER JURISDICTIONS.

Known as the Minnesota Trust Code

The act spans §§ 501C.0101 to 501C.1304 (98 sections).

2015 c 5 art 4 s 3

A trust not created by will is validly created if its creation complies with the law of jurisdiction in which the trust instrument is executed, or the law of the jurisdiction in which, at the time of execution:

(1) the settlor was domiciled, had a place of abode, or was a national;

(2) a trustee was domiciled or had a place of business; or

(3) any trust property was located.

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.