North Dakota § 59-15-07 (707) Delivery of property by former trustee

North Dakota Statutes

§ 59-15-07 — (707) Delivery of property by former trustee

North Dakota·Title 59 Trusts, Uses, and Powers·Ch. 59-15 Office of Trustee

1.Unless a cotrustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.

2.A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee's possession to the cotrustee, successor trustee, or other person entitled to the property.

3.Title to all trust property must be owned by and vested in any successor trustee without any conveyance, transfer, or assignment by the prior trustee.

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1. Unless a cotrustee remains in office or the court otherwise orders, and until the trust
property is delivered to a successor trustee or other person entitled to it, a trustee who

has resigned or been removed has the duties of a trustee and the powers necessary
to protect the trust property.
2. A trustee who has resigned or been removed shall proceed expeditiously to deliver the
trust property within the trustee's possession to the cotrustee, successor trustee, or
other person entitled to the property.
3. Title to all trust property must be owned by and vested in any successor trustee
without any conveyance, transfer, or assignment by the prior trustee.

North Dakota § 59-15-07 ((707) Delivery of property by former trustee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.