Every conveyance of any estate or interest in lands, or the rents and profits thereof, and every charge upon lands, or upon the rents and profits thereof, made or created with the intent to defraud prior or subsequent purchasers for a valuable consideration of the same lands, rents, or profits, as against any such purchasers, shall be void; but no conveyance or charge shall be deemed fraudulent, in favor of a subsequent purchaser who had actual or constructive notice thereof at the time of purchase, unless it appears that the grantee in such conveyance, or the person to be benefited by such charge, was privy to the intended fraud.
Minn. Stat. § 513.08
VOID WHEN MADE TO DEFRAUD, EXCEPTION.
Applied in 2 court decisions — leading case Thomson v. United States (1995)
Most recently applied in 724 F. Supp. 2d 1003 - Hayes-Broman v. J.P. Morgan Chase Bank, N.A. (July 2010)
(8463) RL s 3491; 1986 c 444
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.