Subdivision 1. No entry. If a deed or other instrument is filed with the registrar for the purpose of transferring registered land in trust, or upon any equitable condition or limitation expressed therein, or for the purpose of creating or declaring a trust or other equitable interest therein without the transfer thereof, the particulars of the trust, condition, limitation, or other equitable interest need not be entered upon the certificate of title, but a memorial thereof may be entered by the words "in trust" or "upon condition," or other apt words, and by reference by number to the instrument authorizing or creating the same.
Subd. 2. New trustee. When a new trustee of registered land is appointed a new certificate of title shall be entered in the new trustee's name upon presentation to the registrar of a certified copy of the decree or other instrument appointing the new trustee.
Subd. 3. Voluntary dissolution. Where a corporate owner did adopt a resolution for voluntary dissolution pursuant to chapter 301, the registrar of titles shall enter a new certificate of title in the name of the trustee in dissolution upon presentation of a certified copy of the certificate setting forth the adoption of the resolution together with the certificate of the secretary of state that said certificate of dissolution has been filed for record in the secretary's office.
Subd. 4. Same day filing; fees. When an instrument showing such appointment or dissolution and a trustee's deed are filed for registration on the same day, a new certificate of title may be entered in the name of the grantee or grantees and the memorial of such instrument shall have the same force and effect as though a certificate of title had been entered in favor of the trustee; the fees, however, for registration to be the same as would be the case if a certificate of title were entered in the name of the trustee.
(8307) RL s 3429; 1905 c 305 s 59; 1973 c 14 s 3; 1985 c 16 s 3; 1986 c 444; 1999 c 11 art 1 s 30,31
Structure Minnesota Statutes
Chapters 500 - 515B — Property And Property Interests
Chapter 508 — Registration Of Land
Section 508.01 — Registration.
Section 508.02 — Registered Land; Same Incidents As Unregistered; No Adverse Possession.
Section 508.04 — Titles Which May Be Registered.
Section 508.05 — Application, How Signed And Verified.
Section 508.06 — Contents Of Application; Rights And Privileges Of Claimants.
Section 508.07 — Nonresident Applicant; Agent.
Section 508.08 — Application, Land Included.
Section 508.10 — Application To District Court; Powers Of Court.
Section 508.11 — Court Administrator; Filing, Recording; Certifying; Effect.
Section 508.12 — Examiners Of Titles.
Section 508.13 — References To Examiners; Powers; Reports.
Section 508.14 — Survey In Certain Counties.
Section 508.15 — Order For Summons; Parties Defendant.
Section 508.16 — Form Of Summons; Service On Various Parties; Publication.
Section 508.18 — Guardian Ad Litem; When Appointed.
Section 508.19 — Decree On Default.
Section 508.20 — Trial; Reference.
Section 508.22 — Decree Of Registration; Effect.
Section 508.23 — Contents Of Decree; Copy Filed.
Section 508.24 — Registration Runs With Land; Withdrawal.
Section 508.25 — Rights Of Person Holding Certificate Of Title.
Section 508.26 — Opening Decree.
Section 508.27 — Title Acquired Pending Proceeding.
Section 508.28 — Limitation Of Actions.
Section 508.30 — Registrar Of Titles.
Section 508.31 — Registrar's Bond.
Section 508.32 — Under Control Of Court; Affixing Seal.
Section 508.321 — Appeal From Registrar's Decisions.
Section 508.34 — Register Of Titles.
Section 508.349 — Official Signature Of Registrar Of Titles.
Section 508.35 — Form Of Certificate.
Section 508.351 — Common Interest Community Certificate.
Section 508.36 — Certificates And Copies As Evidence.
Section 508.37 — Tract Indexes, Reception Indexes.
Section 508.38 — Forms Of Records Adopted.
Section 508.381 — Official Records; Compilation, Maintenance, And Storage Of Information.
Section 508.39 — Notices After Registration; Service.
Section 508.40 — Copy Of Certificate Of Title To Be Furnished To Owner.
Section 508.421 — Exchange Certificate.
Section 508.43 — Certificate, Effective Date.
Section 508.46 — Plats Of Registered Land.
Section 508.47 — Registered Lands; Transfer, Surveys.
Section 508.48 — Instruments Affecting Title Filed With Registrar; Notice.
Section 508.49 — Interest Less Than Fee; Noticed By Memorial.
Section 508.491 — Transfer Statement For Contract For Deed.
Section 508.50 — Instruments To Have Name And Address.
Section 508.51 — Voluntary Instrument.
Section 508.52 — Conveyance; Cancellation Of Old And Issuance Of New Certificate.
Section 508.53 — Transfer And Payment Of Taxes.
Section 508.55 — Registration Of Mortgage; Memorial Entered On Certificate Of Title.
Section 508.555 — Mortgage Securing Revolving Line Of Credit; Notice.
Section 508.56 — Assignment And Discharge Of Mortgage.
Section 508.57 — Foreclosure; Notice.
Section 508.58 — Registration After Foreclosure; New Certificate.
Section 508.59 — Registration Of Judgment Or Final Decree.
Section 508.61 — Trust, Other Limited Deeds; New Trustee; Corporate Dissolution.
Section 508.62 — Trustee's Conveyance.
Section 508.63 — Registration Of Instruments Creating Liens; Judgments.
Section 508.64 — Attachments; Liens.
Section 508.65 — Plaintiff's Attorney; Name And Address Endorsed; Notice.
Section 508.66 — Officer's Certificate For Registrar To Cancel; Lis Pendens.
Section 508.67 — Acquiring Title By Action; New Certificate.
Section 508.671 — Determination Of Boundaries.
Section 508.68 — Death Of Owner; Issuance Of New Certificates.
Section 508.69 — Jurisdiction Of Court Not Impaired.
Section 508.70 — How To Claim An Unregistered Interest After Registration.
Section 508.71 — Alterations; Court, Examiner's Order; New Certificates.
Section 508.72 — Agency; Power To Be Registered.
Section 508.73 — Eminent Domain; Reversion; Vacation; New Certificate.
Section 508.76 — Registrar's Liability.
Section 508.77 — Parties Defendant; Judgment; Execution.
Section 508.78 — Liability Of Fund.
Section 508.79 — Limitation Of Action.
Section 508.80 — Fraudulent Instrument Or Entry; Penalty.
Section 508.81 — Court Administrator's Fees; Publication And Service Costs.
Section 508.82 — Registrar Of Titles' Fees.