59-16.1-15. Power clarified.
69 words·~1 min read·
/nd/title-59/chapter-59-16-1-trust-decanting/59-16-1-15·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A power authorized under sections 59-16.1-04 and 59-16.1-05 may be exercised subject to the provisions of section 59-16.1-10, unless expressly prohibited by the terms of the governing instrument or by the provisions of section 59-16.1-10, but a general prohibition of the amendment or revocation of the invaded trust or a provision that constituting a spendthrift clause does not preclude the exercise of a power under sections 59-16.1-04 and 59-16.1-05.