North Dakota Statutes
§ 59-18-03 — (1003) Damages in absence of breach
North Dakota § 59-18-03
This text of North Dakota § 59-18-03 ((1003) Damages in absence of breach) 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 § 59-18-03 (2026).
Text
Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in
the value of trust property or for not having made a profit.
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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 § 59-18-03, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/59-18-03.