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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

State v. Larson, 605 N.W.2d 706 (2000)

Citation
State v. Larson, 605 N.W.2d 706 (2000)
Parent Document
State v. Larson, 605 N.W.2d 706 (2000)
Jurisdiction
Minnesota (state)
Effective Date
2000-02-03

Other Sections in This Document (127)

Full Text

447 chars
Lastly, a security deposit can be described as held in trust by the lessor for the benefit of the lessee. Title to the funds would not pass to the lessor, nor could the lessor commingle the funds; instead the lessor has an affirmative obligation to safeguard and earn interest on the security deposit for the benefit of the lessee. Illinois and New York have created a trust-type relationship by statute for automobile lease security deposits. See