North Dakota Code 59-16.1-14 – No duty to exercise a power to invade
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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.
Terms Used In North Dakota Code 59-16.1-14
- Trustee: A person or institution holding and administering property in trust.