reglab/housing_qa huggingface dataset:
MN Stat § 529.07 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.07 — General Powers Of Custodial Trustee.

529.07 GENERAL POWERS OF CUSTODIAL TRUSTEE. (a) A custodial trustee, acting in a fiduciary capacity, has all the rights and powers over custodial trust property which an unmarried adult owner has over individually owned property, but a custodial trustee may exercise those rights and powers in a fiduciary capacity only. (b) This section does not relieve a custodial trustee from liability for a violation of section 529.06. History:   1990 c 476 s 7
MN Stat § 529.08 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.08 — Use Of Custodial Trust Property.

529.08 USE OF CUSTODIAL TRUST PROPERTY. (a) A custodial trustee shall pay to the beneficiary or expend for the beneficiary's use and benefit so much or all of the custodial trust property as the beneficiary while not incapacitated may direct from time to time. (b) If the beneficiary is incapacitated, the custodial trustee shall expend so much or all of the custodial trust property as the custodial trustee considers advisable for the use and benefit of the beneficiary and individuals who were supported by the beneficiary when the beneficiary became incapacitated, or who are legally entitled to support by the beneficiary. Expenditures may be made in the manner, when, and to the extent that the custodial trustee determines suitable and proper, without court order and without regard to other support, income, or property of the beneficiary. (c) A custodial trustee may establish checking, savings, or other similar accounts of reasonable amounts under which either the custodial trustee or the beneficiary may withdraw funds from, draw checks against, or use a debit or credit card to make payments from the accounts. Funds withdrawn from, checks written against, or payments made from the account by the beneficiary are distributions of custodial trust property by the custodial trustee to the beneficiary. History:  1990 c 476 s 8; 2008 c 201 s 1
MN Stat § 529.09 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.09 — Determination Of Incapacity; Effect.

529.09 DETERMINATION OF INCAPACITY; EFFECT. (a) The custodial trustee shall administer the custodial trust as for an incapacitated beneficiary if (i) the transferor has so directed in the instrument creating the custodial trust, or (ii) the custodial trustee has determined that the beneficiary is incapacitated. (b) A custodial trustee may determine that the beneficiary is incapacitated in reliance upon (i) previous direction or authority given by the beneficiary while not incapacitated, including direction or authority pursuant to a durable power of attorney, (ii) the certificate of the beneficiary's physician, or (iii) other persuasive evidence. (c) If a custodial trustee for an incapacitated beneficiary reasonably concludes that the beneficiary's incapacity has ceased, or that circumstances concerning the beneficiary's ability to manage property and business affairs have changed since the creation of a custodial trust directing administration as for an incapacitated beneficiary, the custodial trustee must administer the trust as for a beneficiary who is not incapacitated. (d) On petition of the beneficiary, the custodial trustee, or other person interested in the custodial trust property or the welfare of the beneficiary, the court shall determine whether the beneficiary is incapacitated. (e) Absent determination of incapacity of the beneficiary under subsection (b) or (d), a custodial trustee who has reason to believe that the beneficiary is incapacitated shall administer the custodial trust in accordance with the provisions of sections 529.01 to 529.19 applicable to an incapacitated beneficiary. (f) Incapacity of a beneficiary does not terminate (i) the custodial trust, (ii) any designation of a successor custodial trustee, (iii) rights or powers of the custodial trustee, or (iv) any immunities of third persons acting on instructions of the custodial trustee. History:   1990 c 476 s 9
MN Stat § 529.10 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.10 — Exemption Of Third Person From Liability.

529.10 EXEMPTION OF THIRD PERSON FROM LIABILITY. A third person in good faith and without a court order may act on instructions of, or otherwise deal with, a person purporting to make a transfer as, or purporting to act in the capacity of, a custodial trustee. In the absence of knowledge to the contrary, the third person is not responsible for determining: (1) the validity of the purported custodial trustee's designation; (2) the propriety of, or the authority under sections 529.01 to 529.19 for, any action of the purported custodial trustee; (3) the validity or propriety of an instrument executed or instruction given pursuant to sections 529.01 to 529.19 either by the person purporting to make a transfer or declaration or by the purported custodial trustee; or (4) the propriety of the application of property vested in the purported custodial trustee. History:   1990 c 476 s 10
MN Stat § 529.11 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.11 — Liability To Third Person.

529.11 LIABILITY TO THIRD PERSON. (a) A claim based on a contract entered into by a custodial trustee acting in a fiduciary capacity, an obligation arising from the ownership or control of custodial trust property, or a tort committed in the course of administering the custodial trust, may be asserted by a third person against the custodial trust property by proceeding against the custodial trustee in a fiduciary capacity, whether or not the custodial trustee or the beneficiary is personally liable. (b) A custodial trustee is not personally liable to a third person: (1) on a contract properly entered into in a fiduciary capacity unless the custodial trustee fails to reveal that capacity or to identify the custodial trust in the contract; or (2) for an obligation arising from control of custodial trust property or for a tort committed in the course of the administration of the custodial trust unless the custodial trustee is personally at fault. (c) A beneficiary is not personally liable to a third person for an obligation arising from beneficial ownership of custodial trust property or for a tort committed in the course of administration of the custodial trust unless the beneficiary is personally in possession of the custodial trust property giving rise to the liability or is personally at fault. (d) Subsections (b) and (c) do not preclude actions or proceedings to establish liability of the custodial trustee or beneficiary to the extent the person sued is protected as the insured by liability insurance. History:   1990 c 476 s 11
MN Stat § 529.13 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.13 — Expenses, Compensation, And Bond Of Custodial Trustee.

529.13 EXPENSES, COMPENSATION, AND BOND OF CUSTODIAL TRUSTEE. Except as otherwise provided in the instrument creating the custodial trust, in an agreement with the beneficiary, or by court order, a custodial trustee: (1) is entitled to reimbursement from custodial trust property for reasonable expenses incurred in the performance of fiduciary services; (2) has a noncumulative election, to be made no later than six months after the end of each calendar year, to charge a reasonable compensation for fiduciary services performed during that year; and (3) need not furnish a bond or other security for the faithful performance of fiduciary duties. History:   1990 c 476 s 13
MN Stat § 529.14 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.14 — Reporting And Accounting By Custodial Trustee; Determination Of Liability Of Custodial Trustee.

529.14 REPORTING AND ACCOUNTING BY CUSTODIAL TRUSTEE; DETERMINATION OF LIABILITY OF CUSTODIAL TRUSTEE. (a) Upon the acceptance of custodial trust property, the custodial trustee shall provide a written statement describing the custodial trust property and shall thereafter provide a written statement of the administration of the custodial trust property (i) once each year, (ii) upon request at reasonable times by the beneficiary or the beneficiary's legal representative, (iii) upon resignation or removal of the custodial trustee, and (iv) upon termination of the custodial trust. The statements must be provided to the beneficiary or to the beneficiary's legal representative, if any. Upon termination of the beneficiary's interest, the custodial trustee shall furnish a current statement to the person to whom the custodial trust property is to be delivered. (b) A beneficiary, the beneficiary's legal representative, an adult member of the beneficiary's family, a person interested in the custodial trust property, or a person interested in the welfare of the beneficiary may petition the court for an accounting by the custodial trustee or the custodial trustee's legal representative. (c) A successor custodial trustee may petition the court for an accounting by a predecessor custodial trustee. (d) In an action or proceeding under sections 529.01 to 529.19 or in any other proceeding, the court may require or permit the custodial trustee or the custodial trustee's legal representative to account. The custodial trustee or the custodial trustee's legal representative may petition the court for approval of final accounts. (e) If a custodial trustee is removed, the court shall require an accounting and order delivery of the custodial trust property and records to the successor custodial trustee and the execution of all instruments required for transfer of the custodial trust property. (f) On petition of the custodial trustee or any person who could petition for an accounting, the court, after notice to interested persons, may issue instructions to the custodial trustee or review the propriety of the acts of a custodial trustee or the reasonableness of compensation determined by the custodial trustee for the services of the custodial trustee or others. (g) All proceedings described in this section shall be conducted in accordance with the procedures set forth in sections 501C.0201 to 501C.0208. History:  1990 c 476 s 14; 2015 c 5 art 15 s 17
MN Stat § 529.15 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.15 — Limitations Of Action Against Custodial Trustee.

529.15 LIMITATIONS OF ACTION AGAINST CUSTODIAL TRUSTEE. (a) Except as provided in subsection (c), unless previously barred by adjudication, consent, or limitation, a claim for relief against a custodial trustee for accounting or breach of duty is barred as to a beneficiary, a person to whom custodial trust property is to be paid or delivered, or the legal representative of an incapacitated or deceased beneficiary or payee: (1) who has received a final account or statement fully disclosing the matter unless an action or proceeding to assert the claim is commenced within two years after receipt of the final account or statement; or (2) who has not received a final account or statement fully disclosing the matter unless an action or proceeding to assert the claim is commenced within three years after the termination of the custodial trust. (b) Except as provided in subsection (c), a claim for relief to recover from a custodial trustee for fraud, misrepresentation, or concealment related to the final settlement of the custodial trust or concealment of the existence of the custodial trust, is barred unless an action or proceeding to assert the claim is commenced within five years after the termination of the custodial trust. (c) A claim for relief is not barred by this section if the claimant: (1) is a minor, until the earlier of two years after the claimant becomes an adult or dies; (2) is an incapacitated adult, until the earliest of two years after (i) the appointment of a conservator, (ii) the removal of the incapacity, or (iii) the death of the claimant; or (3) was an adult, now deceased, who was not incapacitated, until two years after the claimant's death. History:   1990 c 476 s 15
MN Stat § 529.16 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.16 — Distribution On Termination.

529.16 DISTRIBUTION ON TERMINATION. (a) Upon termination of a custodial trust, the custodial trustee shall transfer the unexpended custodial trust property: (1) to the beneficiary, if not incapacitated or deceased; (2) to the holder of the beneficiary's power of attorney; (3) to the conservator or other recipient designated by the court for an incapacitated beneficiary; or (4) upon the beneficiary's death, in the following order: (i) to the survivor of multiple beneficiaries if survivorship is provided for pursuant to section 529.05; (ii) as designated in the instrument creating the custodial trust; or (iii) to the estate of the deceased beneficiary. (b) If, when the custodial trust would otherwise terminate, the distributee is incapacitated, the custodial trust continues for the use and benefit of the distributee as beneficiary until the incapacity is removed or the custodial trust is otherwise terminated. (c) Death of a beneficiary does not terminate the power of the custodial trustee to discharge obligations of the custodial trustee or beneficiary incurred before the termination of the custodial trust. History:  1990 c 476 s 16; 1991 c 199 art 1 s 80
MN Stat § 529.18 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.18 — Applicable Law.

529.18 APPLICABLE LAW. (a) Sections 529.01 to 529.19 apply to a transfer or declaration creating a custodial trust that refers to sections 529.01 to 529.19 if, 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 sections 529.01 to 529.19 despite 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 sections 529.01 to 529.19 is governed by the law of that state and may be enforced in this state. History:   1990 c 476 s 18
MN Stat § 529.19 (2021)
2021 Minnesota Statutes|Chapters 524 - 532 — Probate; Property; Estates; Guardianships; Anatomical Gifts|Chapter 529 — Uniform Custodial Trust Act|Section 529.19 — Short Title.

529.19 SHORT TITLE. Sections 529.01 to 529.19 may be cited as the "Minnesota Uniform Custodial Trust Act." History:   1990 c 476 s 19
MN Stat § 540.03 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.03 — Action By Assignee; Setoff Saved; Exception.

540.03 ACTION BY ASSIGNEE; SETOFF SAVED; EXCEPTION. If a thing in action be assigned, an action thereon by the assignee shall be without prejudice to any setoff or defense existing at the time or before notice of the assignment; but this section does not apply to negotiable paper, transferred in good faith and upon good consideration before due. History:  (9166) RL s 4054
MN Stat § 540.05 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.05 — Married Person May Sue Or Be Sued Alone.

540.05 MARRIED PERSON MAY SUE OR BE SUED ALONE. In cases where the spouse, except for the marriage relation, would not be a necessary party, a married person may sue and be sued as if unmarried and without joining the spouse. If a person marries and at the same time takes a new name while a party to a pending action, the person shall thereafter be designated by the new name. History:  (9168) RL s 4056; 1987 c 49 s 13
MN Stat § 540.07 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.07 — Parent Or Guardian May Sue For Seduction.

540.07 PARENT OR GUARDIAN MAY SUE FOR SEDUCTION. A parent may maintain an action for the seduction of the son or daughter, and the guardian may maintain an action for the seduction of the ward, though the son or daughter or ward is not living with, or in the service of, the plaintiff at the time of the seduction or afterwards, and there is no loss of service. History:  (9171) RL s 4059; 1981 c 31 s 14
MN Stat § 540.08 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.08 — Injury To Child Or Ward; Suit By Parent Or Guardian.

540.08 INJURY TO CHILD OR WARD; SUIT BY PARENT OR GUARDIAN. A parent may maintain an action for the injury of a minor son or daughter. A general guardian may maintain an action for an injury to the ward. A guardian of a dependent, neglected, or delinquent child, appointed by a court having jurisdiction, may maintain an action for the injury of the child. If no action is brought by the father or mother, an action for the injury may be brought by a guardian ad litem, either before or after the death of the parent. Before a parent receives property as a result of the action, the parent shall file a bond as the court prescribes and approves as security therefor. In lieu of this bond, upon petition of the parent, the court may order that the property received be invested in securities issued by the United States, which shall be deposited pursuant to the order of the court, or that the property be invested in a savings account, savings certificate, certificate of deposit, or share certificate, in a bank, savings association, trust company, credit union in which either the depositor or beneficiary is a member, or an annuity or other form of structured settlement, subject to the order of the court. A copy of the court's order and the evidence of the deposit shall be filed with the court administrator. Money or assets in an account established by the court under this section are not available to the minor child or the child's parent or guardian until released by the court to the child or the child's parent or guardian. No settlement or compromise of the action is valid unless it is approved by a judge of the court in which the action is pending. History:  (9172) RL s 4060; 1907 c 58 s 1; 1929 c 113 s 1; 1943 c 416 s 1; 1951 c 347 s 1; 1961 c 346 s 1; 1969 c 660 s 2; 1981 c 31 s 15; 1981 c 313 s 25; 1Sp1986 c 3 art 1 s 82; 1989 c 282 art 2 s 198; 1993 c 257 s 48; 1995 c 202 art 1 s 25
MN Stat § 540.09 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.09 — Deserted Spouse May Sue And Defend In Absent Spouse's Name.

540.09 DESERTED SPOUSE MAY SUE AND DEFEND IN ABSENT SPOUSE'S NAME. When a spouse has deserted the family, the deserted spouse may prosecute or defend, in the name of the absent spouse, any action which the absent spouse might have prosecuted or defended, and shall have the same powers and rights therein as the absent spouse might have had. History:  (9173) RL s 4061; 1981 c 31 s 16
MN Stat § 540.11 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.11 — Surety May Bring Action.

540.11 SURETY MAY BRING ACTION. An action may be brought against two or more persons for the purpose of compelling one to satisfy a debt due to the other, for which the plaintiff is bound as surety. History:  (9175) RL s 4063
MN Stat § 540.12 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.12 — Action Not To Abate By Death; Torts.

540.12 ACTION NOT TO ABATE BY DEATH; TORTS. No action shall abate by reason of the death or disability of a party, or the transfer of the party's interest, if the cause of action continues or survives. After a verdict, decision, or report of a referee, fixing the amount of damages for a wrong, such action shall not abate by the death of any party thereto. History:  (9176) RL s 4064; 1974 c 394 s 7; 1986 c 444
MN Stat § 540.13 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.13 — Exemptions Of Legislative Members And Employees.

540.13 EXEMPTIONS OF LEGISLATIVE MEMBERS AND EMPLOYEES. No member, officer, or employee of either branch of the legislature shall be liable in a civil action on account of any act done in pursuance of legislative duties. History:  (9177) RL s 4065; 1986 c 444
MN Stat § 540.14 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.14 — Actions Against Receivers; Trial; Judgment, How Satisfied.

540.14 ACTIONS AGAINST RECEIVERS; TRIAL; JUDGMENT, HOW SATISFIED. Except as limited in chapters 576 and 577, any receiver, assignee, or other person appointed by a court to hold or manage property under its direction, may be sued on account of any acts or transactions in carrying on the business connected with such property without prior leave of court. Such action may be brought in any county in which it could have been brought against the person or corporation represented by such receiver or other person, shall be tried in the same manner and subject to the same rules of procedure, and any judgment recovered therein against such receiver or other person shall be paid by the receiver or other person as a part of the expenses of managing such property. History:  (9178, 9179) RL s 4066,4067; 1986 c 444; 2012 c 143 art 3 s 26
MN Stat § 540.15 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.15 — Associates Sued As Partners.

540.15 ASSOCIATES SUED AS PARTNERS. When two or more persons transact business as associates and under a common name, whether such name comprise the names of such persons or not, they may be sued by such common name, and the summons may be served on one or more of them. The judgment in such case shall bind the joint property of all the associates, the same as though all had been named as defendants. History:  (9180) RL s 4068
MN Stat § 540.151 (2021)
2021 Minnesota Statutes|Chapters 540 - 552 — Civil Procedure|Chapter 540 — Parties To Actions|Section 540.151 — Suability; Common Name.

540.151 SUABILITY; COMMON NAME. When two or more persons associate and act, whether for profit or not, under the common name, including associating and acting as a labor organization or employer organization, whether such common name comprises the names of such persons or not, they may sue in or be sued by such common name, and the summons may be served on an officer or a managing agent of the association. The judgment in such cases shall accrue to the joint or common benefit of and bind the joint or common property of the associates, the same as though all had been named as parties to the action. Any money judgment against a labor organization or employer organization shall be enforceable only against the organization as an entity and against its assets, and shall not be enforceable against any individual member or the member's assets. History:  1947 c 527 s 1; 1955 c 597 s 1; 1986 c 444