Minn. Stat. § 524.1-108
Acts by Holder of General Power
Minnesota · Minnesota Statutes Chapter 524 — Uniform Probate Code · Status: effective
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- Citation
- Minn. Stat. § 524.1-108, Acts by Holder of General Power, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1740503
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Full text
For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative or trustee, including relief from liability or penalty for failure to post bond or to perform other duties, and for purposes of consenting to modification or termination of a trust or to deviation from its terms, the sole holder or all coholders of a presently exercisable general power of appointment, including one in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests as objects, takers in default, or otherwise, are subject to the power.