North Dakota Code 47-36-02 – Applicability
Current as of: 2023 | Check for updates
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1. This chapter applies to:
Terms Used In North Dakota Code 47-36-02
- Decedent: A deceased person.
- Fiduciary: A trustee, executor, or administrator.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
- Trustee: A person or institution holding and administering property in trust.
a. A fiduciary acting under a will or power of attorney executed before, on, or after the effective date of this chapter; b. A personal representative acting for a decedent who died before, on, or after the effective date of this chapter; c. A conservatorship or guardianship proceeding commenced before, on, or after the effective date of this chapter; d. A trustee acting under a trust created before, on, or after the effective date of this chapter; and
e. A custodian if the user resides in this state or resided in this state at the time of the user’s death.
2. This chapter does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer’s business.