North Dakota Statutes
§ 59-15-05 — (705) Resignation of trustee
North Dakota § 59-15-05
This text of North Dakota § 59-15-05 ((705) Resignation of trustee) 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 § 59-15-05 (2026).
Text
1.A trustee may resign:
a.Upon at least thirty days' notice to the settlor, if living, to all cotrustees, and the
qualified beneficiaries, except those qualified beneficiaries under a revocable
trust that the settlor has the capacity to revoke; or
b.With the approval of the court.
2.In approving a resignation, the court may issue orders and impose conditions
reasonably necessary for the protection of the trust property.
3.Any liability of a resigning trustee or of any sureties on the trustee's bond for acts or
omissions of the trustee is not discharged or affected by the trustee's resignation.
Free access — add to your briefcase to read the full text and ask questions with AI
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 moneyCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 59-15-05, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/59-15-05.