Minnesota Statutes

Minn. Stat. § 501C.0205 (2026)

Court-Supervised Trusts

✓ current as of May 2026

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(a) A person appointed as trustee of a trust or any interested person may file in the district court an ex parte petition to confirm the appointment of the trustee and specify the manner in which the trustee must qualify for appointment. Any such petition must be filed as an in rem proceeding in compliance with section 501C.0203, subdivision 1. Upon consideration of the petition, the court shall make an order it considers appropriate.

(b) A trustee whose appointment has been confirmed by court order under this section or a trustee otherwise subject to continuing court supervision by court order must file with the court administrator of the district court an inventory containing a list of all property belonging to the trust. The trustee shall render to the court, at least annually, a verified account containing a complete inventory of the trust assets and itemized principal and income accounts. This section does not apply to trusts established in connection with bonds issued under chapter 469.

Notes of Decisions

Cited in 1 case, 2016–2016 · leading case: In Re the Matter of: Anne Ray Charitable Trust, a Minnesota charitable trust, under agreement dated August 20, 1996 & In Re the Matter of: Margaret A. Cargill Found. under agreement dated July 6, 2001. (Minn. Ct. App. 2016).

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In Re the Matter of: Anne Ray Charitable Trust, a Minnesota charitable trust, under agreement dated August 20, 1996 & In Re the Matter of: Margaret A. Cargill Found. under agreement dated July 6, 2001. (Minn. Ct. App. 2016). · cites it 2× “23 was recodified as Minn. Stat. § 501C.0205(b) (Supp. 2015) as part of the legislative revision of Minnesota trust law.”

— Minn. Stat. § 501C.0205(b) — 1 case

In Re the Matter of: Anne Ray Charitable Trust, a Minnesota charitable trust, under agreement dated August 20, 1996 & In Re the Matter of: Margaret A. Cargill Found. under agreement dated July 6, 2001. (Minn. Ct. App. 2016). “23 was recodified as Minn. Stat. § 501C.0205(b) (Supp. 2015) as part of the legislative revision of Minnesota trust law.”

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