N.D. Cent. Code § 59-16.1-10: Fiduciary duty
Where this section sits in the code
- Title 59 Trusts
- Chapter 59-16.1 Trust Decanting
An authorized trustee exercising the power under this chapter has a fiduciary duty to exercise the power in the best interests of one or more proper objects of the exercise of the power and as a prudent person would exercise the power under the prevailing circumstances.
Collected 2026-09-02T21:04:14Z. Source file · JSON