Fiduciary duty

N.D. Cent. Code § 59-16.1-10
in effect
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59-16.1-10. Fiduciary duty 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t59c16-1.pdf#nameddest=59-16p1-10Fetched: 10/16/2026

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