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Current as of January 01, 2024 | Updated by Findlaw Staff
An authorized trustee may exercise the power to appoint in favor of an appointed trust under sections 59-6.1-04 and 59-16.1-05 whether or not there is a current need to invade principal under the terms of the invaded trust.
Cite this article: FindLaw.com - North Dakota Century Code Title 59. Trusts § 59-16.1-09. Current need to invade principal - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-59-trusts/nd-cent-code-sect-59-16-1-09/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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