N.D. Cent. Code § 59-16.2-08: Application

This chapter applies to:

1.Existing and future trusts that appoint or provide for a directing party including a party granted power or authority effectively comparable in substance to that of a directing party as provided in this chapter; or

2.An existing or future trusts that:

a.Are modified in accordance with applicable law or the terms of the governing instrument to appoint or provide for a directing party; or

b.Are modified to appoint or provide for a directing party, including a party granted power or authority effectively comparable in substance to that of a directing party, in accordance with a court order, or a nonjudicial settlement agreement whether the order or agreement specifies this chapter governs the responsibilities, actions, and liabilities of persons designated as a directing party or excluded fiduciary.