Minnesota § 529.18 APPLICABLE LAW

Minnesota Statutes

§ 529.18 — APPLICABLE LAW

Minnesota § 529.18

PartPROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS

Ch. 529UNIFORM CUSTODIAL TRUST ACT

This text of Minnesota § 529.18 (APPLICABLE LAW) 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. § 529.18 (2026).

Text

(a)Sections529.01to529.19apply to a transfer or declaration creating a custodial trust that refers to sections529.01to529.19if, at the time of the transfer or declaration, the transferor, beneficiary, or custodial trustee is a resident of or has its principal place of business in this state or custodial trust property is located in this state. The custodial trust remains subject to sections529.01to529.19despite a later change in residence or principal place of business of the transferor, beneficiary, or custodial trustee, or removal of the custodial trust property from this state.

(b)A transfer made pursuant to an act of another state substantially similar to sections529.01to529.19is governed by the law of that state and may be enforced in this state.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Sections529.01to529.19apply to a transfer or declaration creating a custodial trust that refers to sections529.01to529.19if, at the time of the transfer or declaration, the transferor, beneficiary, or custodial trustee is a resident of or has its principal place of business in this state or custodial trust property is located in this state. The custodial trust remains subject to sections529.01to529.19despite a later change in residence or principal place of business of the transferor, beneficiary, or custodial trustee, or removal of the custodial trust property from this state.
(b) A transfer made pursuant to an act of another state substantially similar to sections529.01to529.19is governed by the law of that state and may be enforced in this state.