Chapter 59-16.3 - TOTAL RETURN UNITRUSTS
- Section 59-16.3-01 - Definitions
- Section 59-16.3-02 - Trustee's authority to convert income trust - Conditions
- Section 59-16.3-03 - Interested trustee's authority over actions enumerated in chapter 59-16.3
- Section 59-16.3-04 - Trustee may petition court - Appointment of disinterested person
- Section 59-16.3-05 - Annual valuation of trust required
- Section 59-16.3-06 - Calculation of unitrust amount
- Section 59-16.3-07 - Unitrust amount as net income
- Section 59-16.3-08 - Administration of total return unitrust authority - Authority of trustee
- Section 59-16.3-09 - Distributions of principal not affected by conversion
- Section 59-16.3-10 - Spouse may compel reconversion to income trust for certain trusts - Written instrument required
- Section 59-16.3-11 - Applicability of chapter
- Section 59-16.3-12 - Trustee acting in good faith not liable - Remedy
- Section 59-16.3-13 - No duty to act created
- Section 59-16.3-14 - Chapter not applicable to charitable remainder unitrust