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28 chapters · 197 sections in this title.
N.D.C.C. § 59-13-01 (501) Rights of beneficiary's creditor or assignee
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To the extent a beneficiary's interest is not subject to a spendthrift provision, the court may authorize a creditor or assignee of the beneficiary to reach the beneficiary's interest by attachment of present or future distributions to or for the benefit of the beneficiary or oth…
N.D.C.C. § 59-13-02 (502) Spendthrift provision
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1. A spendthrift provision is valid if it restrains either the voluntary or involuntary transfer or both the voluntary and involuntary transfer of a beneficiary's interest. 2. A term of a trust providing that the interest of a beneficiary is held subject to a spendthrift trust, o…
N.D.C.C. § 59-13-03 (503) Exceptions to spendthrift provision
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1. In this section, "child" includes any person for whom an order or judgment for child support has been entered by a court of competent jurisdiction. 2. A spendthrift provision is unenforceable against: a. A beneficiary's child, spouse, or former spouse who has a judgment or cou…
N.D.C.C. § 59-13-04 (504) Discretionary trusts - Effect of standard
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1. In this section, "child" includes any person for whom an order or judgment for child support has been entered by a court of competent jurisdiction. 2. Except as otherwise provided in subsection 3, whether or not a trust contains a spendthrift provision, a creditor of a benefic…
