Minnesota Statutes

Minn. Stat. § 323.20 (2026)

[Repealed]

✓ current as of May 2026
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[Repealed, 1997 c 174 art 12 s 68; 1998 c 262 s 12]

Notes of Decisions
Cited in 10 cases, 1949–2003 · leading case: Hurwitz v. Padden, 581 N.W.2d 359 (Minn. Ct. App. 1998).
Hurwitz v. Padden, 581 N.W.2d 359 (Minn. Ct. App. 1998). · cites it 4× “; see Minn. Stat. § 323.20 (1996) (outlining fiduciary responsibilities of partners); see also Evans v.”
Wilson v. Moline, 38 N.W.2d 201 (Minn. 1949). · cites it 3× “21 3 (right to an account) is read with § 323.20, the conclusion is obvious that the duty to provide the account in accurate form rested on defendant.”
Lipinski v. Lipinski, 35 N.W.2d 708 (Minn. 1949). · cites it 2× “Section 323.20 provides: “Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership…”
Marriage of Margeson v. Margeson, 376 N.W.2d 269 (Minn. Ct. App. 1985). · cites it 2× “” Minn. Stat. § 323.20 (1984). The trial court’s memorandum states: Mr.”
In Re Est. of Renczykowski, 409 N.W.2d 888 (Minn. Ct. App. 1987). · cites it 2× “Under Minn.Stat. § 323.20 (1986) a partner or the partner’s estate is accountable as a fiduciary for any profits derived by him without his partner’s consent from the “conduct, liquidation of the partnership or from any use by that partner of its property.”
Schoenborn v. Schoenborn, 402 N.W.2d 212 (Minn. Ct. App. 1987). · cites it 2× “Ill Finally, David contends the trial court erred in failing to compensate him for Jerome’s use of the partnership property as collateral for personal loans, citing Minn. Stat. § 323.20 (1986), which provides: Every partner must account to the partnership for any benefit, and…”
Triple Five of Minnesota, Inc. v. Simon, 280 F. Supp. 2d 895 (D. Minnesota 2003). · cites it 2× “Who Owed a Duty Defendants contend that, because only Si-Minn LP signed the MOAA partnership agreement with Triple Five, only Si-Minn LP is Triple Five’s partner and only Si-Minn LP owed Triple Five any fiduciary duties.”
Opus Corp., a Minnesota Corp. v. Int'l Bus. MacHines Corp., a New York Corp., 141 F.3d 1261 (8th Cir. 1998). “, Minn.Stat. § 323.20 (stating a partner is accountable as a “fiduciary” for “benefits” and “profits” belonging to the partnership).”
Comm'r, 124 T.C. 95 (1970). · cites it 2× “33 (West 2004) ; see also Minn. Stat. Ann. sec. 323.20 (West 1995), repealed by Laws 1997, ch.”
Opus Corp. v. IBM (8th Cir. 1998). “, Minn. Stat. § 323.20 (stating a partner is accountable as a “fiduciary” for “benefits” and “profits” belonging to the partnership).”
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