North Dakota Statutes
§ 59-12-04 — (404) Trust purposes
North Dakota·Title 59 Trusts, Uses, and Powers·Ch. 59-12 Creation, Validity, Modification, and Termination of Trust
A trust may be created only to the extent its purposes are lawful and possible to achieve. A
trust and its terms must be for the benefit of its beneficiaries.
Free access — add to your briefcase to read the full text and ask questions with AI
North Dakota § 59-12-04 ((404) Trust purposes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 59-04.2-01
(102) Definitions§ 59-04.2-02
(103) Fiduciary duties - General principles§ 59-04.2-03
(104) Trustee's power to adjust§ 59-04.2-03.1
Judicial control of discretionary power§ 59-04.2-06
(301) When right to income begins and ends§ 59-04.2-07
(302) Apportionment of receipts and disbursements when decedent dies or income interest begins§ 59-04.2-08
(303) Apportionment when income interest ends§ 59-04.2-09
(401) Character of receipts§ 59-04.2-10
(402) Distribution from trust or estate§ 59-04.2-12
(404) Principal receipts§ 59-04.2-13
(405) Rental property§ 59-04.2-14
(406) Obligation to pay money