North Dakota Statutes

§ 59-16.1-10 — Fiduciary duty

North Dakota § 59-16.1-10
JurisdictionNorth Dakota
Title 59Trusts, Uses, and Powers
Ch. 59-16.1Trust Decanting

This text of North Dakota § 59-16.1-10 (Fiduciary duty) 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 § 59-16.1-10 (2026).

Text

An authorized trustee exercising the power under this chapter has a fiduciary duty to exercise the power in the best interests of one or more proper objects of the exercise of the power and as a prudent person would exercise the power under the prevailing circumstances.

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Bluebook (online)
North Dakota § 59-16.1-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/59-16.1-10.