Minnesota Statutes Property and Property Interests (Ch. 500-515B) § 507.48. Bona fide purchasers protected

An express trust not declared in the disposition to the trustee or a constructive or resulting trust does not defeat the title of a purchaser from the trustee for value and without notice of the trust, or the rights of a creditor who extended credit to the trustee in reliance upon the trustee's apparent ownership of the trust property.