Minn. Stat. » CHAPTER 501B. CHARITABLE TRUSTS
Minnesota Statutes

Minn. Stat. § 501B.10 (2026)

[Repealed]

✓ text as last checked Sept. 2026 (this copy records no edition or section history)
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MS 1994 [Repealed, 1996 c 314 s 8]

Notes of Decisions
Cited in 5 cases, 1993–2014 · leading case: In re the Trusteeship of the Trust of Williams, 631 N.W.2d 398 (Minn. Ct. App. 2001).
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In re the Trusteeship of the Trust of Williams, 631 N.W.2d 398 (Minn. Ct. App. 2001). · cites it 25× “OPINION WILLIS, Judge In this surcharge action, appellant professional trustee challenges the district court’s conclusion that, during the 1990-94 accounting period, trustees had a duty under Minn.Stat. § 501B.10 (1994) to diversify the assets of a trust.”
Matter of Trusts Created by Hormel, 504 N.W.2d 505 (Minn. Ct. App. 1993). · cites it 10× “Minn.Stat. § 501B.10, subd. 1 (1992); State Bank & Trust Co.”
In re the Trusteeship of Williams, 591 N.W.2d 743 (Minn. Ct. App. 1999). · cites it 12× “Norwest concedes that it is a professional trustee and has greater skills in the area of trusts than does a person of ordinary prudence.”
Est. of Bongard v. Comm'r, 124 T.C. 95 (T.C. 2005). · cites it 2× “See Minn. Stat. Ann. sec. 501B.10 (West. Supp.”
In re Amendment & Restatement of Revocable Living Trust of Alfred J. Berget dated February 15, 2005., No. A13-2295 (Minn. Ct. App. Dec. 8, 2014). · cites it 2× “2d 656, 661 (1945); see also Minn. Stat. § 501B.10, subd. 1(a) (1994).”
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