North Dakota Code 59-10.1-04 – Findings
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If the court finds the settlor has executed the trust instrument and had the requisite capacity, the court shall declare the trust to be valid. An adjudication that a trust is valid is binding on the parties. If the court finds a trust or amendment to be invalid, the challenged trust or amendment is ineffective as of a date and to the extent determined by the court.
Terms Used In North Dakota Code 59-10.1-04
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.