North Dakota Statutes
§ 59-15-08 — (708) Compensation of trustee
1.If the terms of a trust do not specify the trustee's compensation, a trustee is entitled to
compensation that is reasonable under the circumstances.
2.If the terms of a trust specify the trustee's compensation, the trustee is entitled to be
compensated as specified, but the court may allow more or less compensation if the
duties of the trustee are substantially different from those contemplated when the trust
was created or the compensation specified by the terms of the trust would be
unreasonably low or high.
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North Dakota § 59-15-08 ((708) Compensation of trustee) — 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