North Dakota Statutes
§ 59-16-03 — (803) Impartiality
North Dakota § 59-16-03
This text of North Dakota § 59-16-03 ((803) Impartiality) 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 § 59-16-03 (2026).
Text
If a trust has two or more beneficiaries, the trustee shall act impartially in investing,
managing, and distributing the trust property, giving due regard to the beneficiaries' respective
interests.
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Related
Matter of John T. Gassmann Trust
2017 ND 232 (North Dakota Supreme Court, 2017)
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 § 59-16-03, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/59-16-03.