North Dakota § 30.1-01-05 (1-108) Acts by holder of general power

North Dakota Statutes

§ 30.1-01-05 — (1-108) Acts by holder of general power

North Dakota § 30.1-01-05

Title 30.1Uniform Probate Code

Ch. 30.1-01Short Title - Construction - General Provisions - Definitions

This text of North Dakota § 30.1-01-05 ((1-108) Acts by holder of general power) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 30.1-01-05 (2026).

Text

For the purpose of granting consent or approval with regard to the acts or accounts of a
personal representative or trustee, including relief from liability or penalty for failure to post
bond, to register a trust, or to perform other duties, and for purposes of consenting to
modification or termination of a trust or to deviation from its terms, the sole holder or all
coholders of a presently exercisable general power of appointment, including one in the form of
a power of amendment or revocation, are deemed to act for beneficiaries to the extent their
interests (as objects, takers in default, or otherwise) are subject to the power.

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For the purpose of granting consent or approval with regard to the acts or accounts of a
personal representative or trustee, including relief from liability or penalty for failure to post
bond, to register a trust, or to perform other duties, and for purposes of consenting to
modification or termination of a trust or to deviation from its terms, the sole holder or all
coholders of a presently exercisable general power of appointment, including one in the form of
a power of amendment or revocation, are deemed to act for beneficiaries to the extent their
interests (as objects, takers in default, or otherwise) are subject to the power.