Statutes, codes, and regulations
North Dakota Century Code
Title 59 - TRUSTS
Chapter 59-16.1 - TRUST DECANTING
Section 59-16.1-14 - No duty to exercise a power to invade

N.D. Cent. Code § 59-16.1-14

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Current through 2024 Legislative Session
Section 59-16.1-14 - No duty to exercise a power to invade

This chapter does not create a duty to exercise a power to invade principal and inference of impropriety may not be made as a result of an authorized trustee not exercising the power conferred under sections 59-16.1-04 and 59-16.1-05.

N.D.C.C. § 59-16.1-14

Added by S.L. 2017, ch. 416 (HB 1228),§ 8, eff. 8/1/2017.