Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
Minn. Stat. § 501C.0507
PERSONAL OBLIGATIONS OF TRUSTEE.
Known as the Minnesota Trust Code
The act spans §§ 501C.0101 to 501C.1304 (98 sections).
2015 c 5 art 5 s 5
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.