North Dakota Statutes
§ 59-18-09 — (1009) Beneficiary's consent, release, or ratification
A trustee is not liable to a beneficiary for breach of trust if the beneficiary consented to the
conduct constituting the breach, released the trustee from liability for the breach, or ratified the
transaction constituting the breach, unless the consent, release, or ratification of the beneficiary
was induced by improper conduct of the trustee or at the time of the consent, release, or
ratification, the beneficiary lacked capacity or did not know of the beneficiary's rights or of the
material facts relating to the breach.
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North Dakota § 59-18-09 ((1009) Beneficiary's consent, release, or ratification) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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 money