Minnesota § 524.2-1113 524.2-1113 DISCLAIMER OF POWER HELD IN FIDUCIARY CAPACITY.

Minnesota Statutes

§ 524.2-1113 — 524.2-1113 DISCLAIMER OF POWER HELD IN FIDUCIARY CAPACITY.

Minnesota § 524.2-1113

PartPROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS

Ch. 524UNIFORM PROBATE CODE

This text of Minnesota § 524.2-1113 (524.2-1113 DISCLAIMER OF POWER HELD IN FIDUCIARY CAPACITY.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 524.2-1113 (2026).

Text

(a)If a fiduciary disclaims a power held in a fiduciary capacity which has not been exercised, the disclaimer takes effect as of the time the instrument creating the power becomes irrevocable.

(b)If a fiduciary disclaims a power held in a fiduciary capacity which has been exercised, the disclaimer takes effect immediately after the last exercise of the power.

(c)A disclaimer under this section is effective as to another fiduciary if:

(1)the disclaimer so provides; and

(2)the fiduciary disclaiming has the authority to bind the estate, trust, or other person for whom the fiduciary is acting.

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(a) If a fiduciary disclaims a power held in a fiduciary capacity which has not been exercised, the disclaimer takes effect as of the time the instrument creating the power becomes irrevocable.
(b) If a fiduciary disclaims a power held in a fiduciary capacity which has been exercised, the disclaimer takes effect immediately after the last exercise of the power.
(c) A disclaimer under this section is effective as to another fiduciary if:
(1) the disclaimer so provides; and
(2) the fiduciary disclaiming has the authority to bind the estate, trust, or other person for whom the fiduciary is acting.