Record Keeping And Identification Of Trust Property.

  1. Law
  2. Minnesota Statutes
  3. Property And Property Interests
  4. Trusts
  5. Record Keeping And Identification Of Trust Property.

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(a) A trustee shall keep adequate records of the administration of the trust.

(b) A trustee shall keep trust property separate from the trustee's own property.

(c) If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts.

History:

2015 c 5 art 8 s 8


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