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Code · Minnesota · Chapter 55

55.11 NOT CHARGED WITH NOTICE OF FIDUCIARY RELATION.

86 words·~1 min read·/mn/chapter-55/55-11

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55.11 NOT CHARGED WITH NOTICE OF FIDUCIARY RELATION.
No such safe deposit company shall be obliged to ascertain or take notice of any trust or fiduciary relationship which the tenant of a safe deposit box may bear to the contents thereof, but shall be presumed to deal with the tenant of a box in an individual and not in a representative capacity, and shall be protected if it grants access to a box to the lessee thereof, according to the terms of the contract of rental.
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