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Current as of January 01, 2025 | Updated by Findlaw Staff
If property distributed in kind or a security interest therein is acquired by a purchaser, or lender, for value from a distributee who has received an instrument or deed of distribution from the personal representative, the purchaser or lender takes title free of any claims of the estate and any interested person, and incurs no personal liability to them, whether or not the distribution was proper. To be protected under this provision, a purchaser or lender need not inquire whether a personal representative acted properly in making the distribution in kind.
Cite this article: FindLaw.com - Minnesota Statutes Probate; Property; Estates; Guardianships; Anatomical Gifts (Ch. 524-539) § 524.3-910. Purchasers from distributees protected - last updated January 01, 2025 | https://codes.findlaw.com/mn/probate-property-estates-guardianships-anatomical-gifts-ch-524-539/mn-st-sect-524-3-910/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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