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North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 59-09-05: (105) Default and mandatory rules

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Where this section sits in the code
  1. Title 59 Trusts
  2. Chapter 59-09 General Provisions And Definitions

1.Except as otherwise provided in the terms of the trust, this title governs the duties and powers of a trustee, relations among trustees, and the rights and interests of a beneficiary.

2.The terms of a trust prevail over any provision of this title except:

a.The requirements for creating a trust;

b.The duty of a trustee to act in good faith and in accordance with the purposes of the trust;

c.The requirement that a trust and its terms be for the benefit of its beneficiaries, and that the trust have a purpose that is lawful and possible to achieve;

d.The power of the court to modify or terminate a trust under sections 59-12-10, 59-12-11, 59-12-12, 59-12-13, 59-12-14, 59-12-15, and 59-12-16;

e.The effect of a spendthrift provision and the rights of certain creditors and assignees to reach a trust as provided in chapter 59-13;

f.The power of the court under section 59-15-02 to require, dispense with, or modify or terminate a bond;

g.The power of the court under subsection 2 of section 59-15-08 to adjust a trustee's compensation specified in the terms of the trust which is unreasonably low or high;

h.The effect of an exculpatory term under section 59-18-08;

i.The rights under sections 59-18-10, 59-18-11, 59-18-12, and 59-18-13 of a person other than a trustee or beneficiary;

j.Periods of limitation for commencing a judicial proceeding;

k.The power of the court to take such action and exercise such jurisdiction as may be necessary in the interests of justice; and

l.The subject matter jurisdiction of the court and venue for commencing a proceeding as provided in section 59-10-04.

Collected 2026-09-02T21:04:14Z. Source file · JSON

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