N.D. Cent. Code § 47-02-27.3

Current through 2024 Legislative Session

Section 47-02-27.3 - Reformation

Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the ninety years allowed under subdivision b of subsection 1 of section 47-02-27.1, subdivision b of subsection 2 of section 47-02-27.1, and subdivision b of subsection 3 of section 47-02-27.1, if:

1. A contingent property interest or a power of appointment becomes invalid under section 47-02-27.1;

2. A class gift is not but might become invalid under section 47-02-27.1 and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or

3. A contingent property interest that is not validated by subdivision a of subsection 1 of section 47-02-27.1 can vest but not within ninety years after its creation.

N.D.C.C. § 47-02-27.3