Chapter

Total Return Unitrusts

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