North Dakota Code 59-16-01 – (801) Duty to administer trust
Current as of: 2023 | Check for updates
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Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its purposes and in accordance with chapters 59-09, 59-10, 59-11, 59-12, 59-13, 59-14, 59-15, 59-16, 59-17, 59-18, and 59-19.
Terms Used In North Dakota Code 59-16-01
- Trustee: A person or institution holding and administering property in trust.