Minnesota § 524.5-424 524.5-424 PROTECTION OF PERSON DEALING WITH CONSERVATOR.

Minnesota Statutes

§ 524.5-424 — 524.5-424 PROTECTION OF PERSON DEALING WITH CONSERVATOR.

Minnesota § 524.5-424

PartPROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS

Ch. 524UNIFORM PROBATE CODE

This text of Minnesota § 524.5-424 (524.5-424 PROTECTION OF PERSON DEALING WITH CONSERVATOR.) 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. § 524.5-424 (2026).

Text

(a)A person who assists or deals with a conservator in good faith and for value in any transaction other than one requiring a court order under section524.5-410or524.5-411is protected as though the conservator properly exercised the power. The fact that a person knowingly deals with a conservator does not alone require the person to inquire into the existence of a power or the propriety of its exercise, but restrictions on powers of conservators which are endorsed on letters as provided in section524.5-110are effective as to other persons. A person need not see to the proper application of assets of the estate paid or delivered to a conservator.

(b)Protection provided by this section extends to any procedural irregularity or jurisdictional defect that occurred in proceedings leading to t

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(a) A person who assists or deals with a conservator in good faith and for value in any transaction other than one requiring a court order under section524.5-410or524.5-411is protected as though the conservator properly exercised the power. The fact that a person knowingly deals with a conservator does not alone require the person to inquire into the existence of a power or the propriety of its exercise, but restrictions on powers of conservators which are endorsed on letters as provided in section524.5-110are effective as to other persons. A person need not see to the proper application of assets of the estate paid or delivered to a conservator.
(b) Protection provided by this section extends to any procedural irregularity or jurisdictional defect that occurred in proceedings leading to the issuance of letters and is not a substitute for protection provided to persons assisting or dealing with a conservator by comparable provisions in other law relating to commercial transactions or to simplifying transfers of securities by fiduciaries.