North Dakota Statutes

§ 59-17-04 — Duties at inception of trusteeship

North Dakota § 59-17-04
JurisdictionNorth Dakota
Title 59Trusts, Uses, and Powers
Ch. 59-17Prudent Investor Standards

This text of North Dakota § 59-17-04 (Duties at inception of trusteeship) 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 § 59-17-04 (2026).

Text

Within a reasonable time after accepting a trusteeship or receiving trust assets, a trustee shall review the trust assets and make and implement decisions concerning the retention and disposition of assets, in order to bring the trust portfolio into compliance with the purposes, terms, distribution requirements, and other circumstances of the trust and with the requirements of this chapter.

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Bluebook (online)
North Dakota § 59-17-04, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/59-17-04.