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48.79 Acting as assignee, receiver, or executor.

Any trust company may act as assignee under any assignment for the benefit of creditors, or be appointed and act as a trustee or receiver, as a guardian, as executor of any will, or administrator of any estate, and may accept and perform any other lawful trust conferred by any court, or by any corporation or individual. In the acceptance and performance of any such trust, no oath or security shall be required.

HIST: (7733) RL s 3038

Official Publication of the State of Minnesota
Revisor of Statutes