North Dakota § 59-16-15 (815) General powers of trustee

North Dakota Statutes

§ 59-16-15 — (815) General powers of trustee

North Dakota·Title 59 Trusts, Uses, and Powers·Ch. 59-16 Duties and Powers of Trustee

A trustee, without authorization by the court, may exercise powers conferred by the terms of
the trust and, except as limited by the terms of the trust, all powers over the trust property which
an unmarried owner, who is not an incapacitated person, has over individually owned property,
any other powers appropriate to achieve the proper investment, management, and distribution
of the trust property, and any other powers conferred by chapters 59-09, 59-10, 59-11, 59-12,
59-13, 59-14, 59-15, 59-16, 59-17, 59-18, and 59-19. The exercise of a power is subject to the
fiduciary duties prescribed by this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

A trustee, without authorization by the court, may exercise powers conferred by the terms of
the trust and, except as limited by the terms of the trust, all powers over the trust property which
an unmarried owner, who is not an incapacitated person, has over individually owned property,
any other powers appropriate to achieve the proper investment, management, and distribution
of the trust property, and any other powers conferred by chapters 59-09, 59-10, 59-11, 59-12,
59-13, 59-14, 59-15, 59-16, 59-17, 59-18, and 59-19. The exercise of a power is subject to the
fiduciary duties prescribed by this chapter.

North Dakota § 59-16-15 ((815) General powers of trustee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.