N.D. Cent. Code § 59-09-04.1

Current through 2023 Legislative Sessions
Section 59-09-04.1 - Settlor's capacity

The capacity required of a settlor is the same as that required to make a will and is required to create, amend, revoke, or add property to a trust, to direct the actions of the trustee where permitted, and to exercise powers and rights, if any, reserved or granted to the settlor under the terms of the trust or applicable law.

N.D.C.C. § 59-09-04.1

Added by S.L. 2017, ch. 416 (HB 1228),§ 4, eff. 8/1/2017.