Statutes, codes, and regulations
North Dakota Century Code
Title 59 - TRUSTS
Chapter 59-12 - CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST
Section 59-12-16 - (416) Modification to achieve settlor's tax objectives

N.D. Cent. Code § 59-12-16

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Current through 2024 Legislative Session
Section 59-12-16 - (416) Modification to achieve settlor's tax objectives

To achieve the settlor's tax objectives, the court may modify the terms of a trust in a manner that is not contrary to the settlor's probable intention. The court may provide that the modification has retroactive effect.

N.D.C.C. § 59-12-16