Administration of total return unitrust authority - Authority of trustee
N.D. Cent. Code § 59-16.3-08
in effect59-16.3-08. Administration of total return unitrust authority - Authority of trustee
The trustee, in administering a total return unitrust, may determine:
1. The effective date of the conversion;
2. The timing of distributions;
3. Whether distributions are to be made in cash, in kind, or partly in cash and partly in
kind;
4. Which assets are to be excluded in determining the unitrust amount;
5. If the trust is reconverted to an income trust, the effective date of the reconversion;
and
6. Any other administrative issues as may be necessary or appropriate to carry out the
purposes of this chapter.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t59c16-3.pdf#nameddest=59-16p3-08Fetched: 10/16/2026