Section 501B.37 Register of Trusts and Trustees
501B.37 REGISTER OF TRUSTS AND TRUSTEES.
Subdivision 1.Establishment of register; transfer to attorney general.
The attorney general shall establish and maintain a register of charitable trusts and trustees subject to sections 501B.33 to 501B.45.
Subd. 2.Filing of instruments.
Except as otherwise provided in section 501B.36, a charitable trust shall register and file with the attorney general a copy of its articles of incorporation or the instrument that created the charitable trust, including any amendments, within three months after the charitable trust first receives possession or control of property authorized or required to be applied, either at present or in the future, for charitable purposes.
Subd. 3.Registration fee.
A $25 registration fee shall be paid by every charitable trust filing the information required by this section.
History:
1989 c 340 art 1 s 29; 1995 c 235 s 13,14