N.D. Cent. Code § 59-16-10: (810) Recordkeeping and identification of trust property
Where this section sits in the code
- Title 59 Trusts
- Chapter 59-16 Duties And Powers Of Trustee
1.A trustee shall keep adequate records of the administration of the trust.
2.A trustee shall keep trust property separate from the trustee's own property.
3.Except as otherwise provided in subsection 4, a trustee, other than a trustee granted trust or fiduciary powers from a federal or state authority, shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.
4.If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts.
Collected 2026-09-02T21:04:14Z. Source file · JSON