{"data":{"id":"us-nd/n.d.-cent.-code-59-13-02","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 59-13-02","heading":"(502) Spendthrift provision","body":"1.A spendthrift provision is valid if it restrains either the voluntary or involuntary transfer or both the voluntary and involuntary transfer of a beneficiary's interest.\n2.A term of a trust providing that the interest of a beneficiary is held subject to a spendthrift trust, or words of similar import, is sufficient to restrain both voluntary and involuntary transfer of the beneficiary's interest.\n3.A beneficiary may not transfer an interest in a trust in violation of a valid spendthrift provision and, except as otherwise provided in this chapter, a creditor or assignee of the beneficiary may not reach the interest or a distribution by the trustee before its receipt by the beneficiary.","path":["Title 59 Trusts","Chapter 59-13 Creditor'S Claims - Spendthrift And Discretionary Trusts"],"source_url":"https://ndlegis.gov/cencode/t59c13.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"15f015e41994dda5d301f5c06a24b31c5de9d4d2bf46122d0e97b86547a16fde","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-59-13-01","next":"us-nd/n.d.-cent.-code-59-13-03"},"notice":"GroundRules: Original legal text. Not legal advice."}