North Dakota Statutes
§ 47-03-03 — Undisposed income - Persons entitled to future interest
North Dakota § 47-03-03
This text of North Dakota § 47-03-03 (Undisposed income - Persons entitled to future interest) 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 § 47-03-03 (2026).
Text
When, in consequence of a valid limitation of a future interest, there is a suspension of the
power of alienation or of the ownership, during the continuation of which the income is
undisposed of, and no valid direction for its accumulation is given, such income belongs to the
persons presumptively entitled to the next eventual interest.
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Nearby Sections
15
§ 47-01-01
Ownership defined§ 47-01-02
Property - Classification§ 47-01-03
Real property defined§ 47-01-04
Land defined§ 47-01-05
Fixtures defined§ 47-01-06
Appurtenances defined§ 47-01-07
Personal property defined§ 47-01-08
What may be subject to ownership§ 47-01-13
Ownership of land includes waterCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 47-03-03, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/47-03-03.