Minnesota Deposit bank holding / separate account
Deposit bank holding / separate account in Minnesota
The state landlord-tenant statute (Minn. Stat. ch. 504B (Landlord and Tenant), full-text search 2026-10-17 for "trust account," "escrow," "separate" and "commingle") has no requirement to keep security deposits in a separate, trust or escrow account. (Its "rent escrow" sections cover rent paid into court, not deposits.)
Verified Source: Minn. Stat. ch. 504B (full-text search of the act, 2026-10-17) · last checked 2026-10-17
Same topic in neighboring states
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