North Dakota Statutes
§ 59-14-03 — (603) Settlor's powers - Powers of withdrawal
1.While a trust is revocable, rights of the beneficiaries are subject to the control of, and
the duties of the trustee are owed exclusively to, the settlor.
2.During the period the power may be exercised, the holder of a power of withdrawal
has the rights of a settlor of a revocable trust under this section to the extent of the
property subject to the power.
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North Dakota § 59-14-03 ((603) Settlor's powers - Powers of withdrawal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Dale Exploration, LLC v. Hiepler
2018 ND 271 (North Dakota Supreme Court, 2018)
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