North Dakota § 47-24.1-05 Transfer authorized by will or trust

North Dakota Statutes

§ 47-24.1-05 — Transfer authorized by will or trust

North Dakota § 47-24.1-05

Title 47Property

Ch. 47-24.1Uniform Transfers to Minors Act

This text of North Dakota § 47-24.1-05 (Transfer authorized by will or trust) 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 § 47-24.1-05 (2026).

Text

1.A personal representative or trustee may make an irrevocable transfer pursuant to section 47-24.1-09 to a custodian for the benefit of a minor as authorized in the governing will or trust.

2.If the testator or settlor has nominated a custodian under section 47-24.1-03 to receive the custodial property, the transfer must be made to that person.

3.If the testator or settlor has not nominated a custodian under section 47-24.1-03, or all persons so nominated as custodian die before the transfer or are unable, decline, or are ineligible to serve, the personal representative or the trustee, as the case may be, shall designate the custodian from among those eligible to serve as custodian for property of that kind under subsection 1 of section 47-24.1-09.

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1. A personal representative or trustee may make an irrevocable transfer pursuant to
section 47-24.1-09 to a custodian for the benefit of a minor as authorized in the
governing will or trust.
2. If the testator or settlor has nominated a custodian under section 47-24.1-03 to receive
the custodial property, the transfer must be made to that person.
3. If the testator or settlor has not nominated a custodian under section 47-24.1-03, or all
persons so nominated as custodian die before the transfer or are unable, decline, or
are ineligible to serve, the personal representative or the trustee, as the case may be,
shall designate the custodian from among those eligible to serve as custodian for
property of that kind under subsection 1 of section 47-24.1-09.