North Dakota Statutes
§ 59-16-05 — (805) Costs of administration
In administering a trust, the trustee may incur only costs that are reasonable in relation to
the trust property, the purposes of the trust, and the skills of the trustee.
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North Dakota § 59-16-05 ((805) Costs of administration) — 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