North Dakota Century Code

Chapter 59-16.3

Total Return Unitrusts

Section Section Name
59-16.3-01 Definitions
59-16.3-02 Trustee's authority to convert income trust ‑ Conditions
59-16.3-03 Interested trustee's authority over actions enumerated in chapter 59‑16.3
59-16.3-04 Trustee may petition court ‑ Appointment of disinterested person
59-16.3-05 Annual valuation of trust required
59-16.3-06 Calculation of unitrust amount
59-16.3-07 Unitrust amount as net income
59-16.3-08 Administration of total return unitrust authority ‑ Authority of trustee
59-16.3-09 Distributions of principal not affected by conversion
59-16.3-10 Spouse may compel reconversion to income trust for certain trusts ‑ Written instrument required
59-16.3-11 Applicability of chapter
59-16.3-12 Trustee acting in good faith not liable ‑ Remedy
59-16.3-13 No duty to act created
59-16.3-14 Chapter not applicable to charitable remainder unitrust