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North Dakota Century Code Title 59. Trusts § 59-16.1-10. Fiduciary duty

Current as of January 01, 2024 | Updated by Findlaw Staff

An authorized trustee exercising the power under this chapter has a fiduciary duty to exercise the power in the best interests of one or more proper objects of the exercise of the power and as a prudent person would exercise the power under the prevailing circumstances.

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Cite this article: FindLaw.com - North Dakota Century Code Title 59. Trusts § 59-16.1-10. Fiduciary duty - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-59-trusts/nd-cent-code-sect-59-16-1-10/

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