North Dakota Statutes
§ 59-16.1-09 — Current need to invade principal
North Dakota § 59-16.1-09
This text of North Dakota § 59-16.1-09 (Current need to invade principal) 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 § 59-16.1-09 (2026).
Text
An authorized trustee may exercise the power to appoint in favor of an appointed trust
under sections 59-6.1-04 and 59-16.1-05 whether or not there is a current need to invade
principal under the terms of the invaded trust.
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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 § 59-16.1-09, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/59-16.1-09.