North Dakota Code 59-16-05 – (805) Costs of administration
Current as of: 2023 | Check for updates
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In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property, the purposes of the trust, and the skills of the trustee.
Terms Used In North Dakota Code 59-16-05
- Property: includes property, real and personal. See North Dakota Code 1-01-49
- Trustee: A person or institution holding and administering property in trust.