{"data":{"id":"us-nd/n.d.-cent.-code-59-16.3-08","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 59-16.3-08","heading":"Administration of total return unitrust authority - Authority of trustee","body":"The trustee, in administering a total return unitrust, may determine:\n1.The effective date of the conversion;\n2.The timing of distributions;\n3.Whether distributions are to be made in cash, in kind, or partly in cash and partly in kind;\n4.Which assets are to be excluded in determining the unitrust amount;\n5.If the trust is reconverted to an income trust, the effective date of the reconversion; and\n6.Any other administrative issues as may be necessary or appropriate to carry out the purposes of this chapter.","path":["Title 59 Trusts","Chapter 59-16.3 Total Return Unitrusts"],"source_url":"https://ndlegis.gov/cencode/t59c16-3.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"1ba250597b235e5119603ba03523c98e0be7e7d2c80c6f86cea5c77bcac05112","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-59-16.3-07","next":"us-nd/n.d.-cent.-code-59-16.3-09"},"notice":"GroundRules: Original legal text. Not legal advice."}
