Minn. Stat. » CHAPTER 513. AGREEMENTS RELATING TO PROPERTY
Minnesota Statutes

Minn. Stat. § 513.21 (2026)

[Repealed]

✓ current as of May 2026
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MS 1986 [Repealed, 1987 c 19 s 12]

Notes of Decisions
Cited in 5 cases, 1985–1991 · leading case: United States v. Cecil Bierbrauer & Judy Bierbrauer, 936 F.2d 373 (8th Cir. 1991).
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United States v. Cecil Bierbrauer & Judy Bierbrauer, 936 F.2d 373 (8th Cir. 1991). · cites it 2× “In the government’s cross-motion for summary judgment, it sought to have the conveyance set aside as fraudulent, returning title in the property to the status quo ante — a house and lot owned jointly by Cecil and Judy Bierbrauer.”
Kessel v. Kessel, 370 N.W.2d 889 (Minn. Ct. App. 1985). · cites it 2× “Minn.Stat. § 513.21 (1982) defines insolvency: (1) A person is insolvent when the present fair salable value of his assets is less than the amount that will be required to pay his probable liability on his existing debts as they become absolute and matured.”
Dardanell Co. Trust v. United States, 634 F. Supp. 186 (D. Minn. 1986). · cites it 2× “The court accordingly finds that the Ellerings’ transfers of property to plaintiff rendered them insolvent within the meaning of Minn.Stat. §§ 513.21(1), 513.23 and 513.28 (1984), and that the defendant is therefore entitled to entry of final summary judgment in its favor.”
Iannacone v. Capital City Bank (In Re Richards), 58 B.R. 233 (Bankr. D. Minn. 1986). · cites it 4× “It was alleged that the transfer was made sometime prior to March 1984, “for less than valuable consideration”; that the transfer was fraudulent within the meaning of The Minnesota Fraudulent Conveyance Act, Minn.Stat. Ann. § 513.21, et seq.; and, accordingly, the transfer is…”
Murray v. Atwood, 404 N.W.2d 898 (Minn. Ct. App. 1987). · cites it 2× “Minn.Stat. § 513.21 (1980) defines insolvency as follows: A person is insolvent when the present fair salable value of his assets is less than the amount that will be required to pay his probable liability on his existing debts as they become absolute and matured.”
Minn. Stat. § 513.21(1): 1 case
Dardanell Co. Trust v. United States, 634 F. Supp. 186 (D. Minn. 1986). “The court accordingly finds that the Ellerings’ transfers of property to plaintiff rendered them insolvent within the meaning of Minn.Stat. §§ 513.21(1), 513.23 and 513.28 (1984), and that the defendant is therefore entitled to entry of final summary judgment in its favor.”
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