Current need to invade principal

N.D. Cent. Code § 59-16.1-09
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
59-16.1-09. Current need to invade principal An authorized trustee may exercise the power to appoint in favor of an appointed trust under sections 59-6.1-04 and 59-16.1-05 whether or not there is a current need to invade principal under the terms of the invaded trust.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t59c16-1.pdf#nameddest=59-16p1-09Fetched: 10/16/2026

Starting a business in North Dakota? North Dakota LLC guide: costs and requirements