ND LEG Administration of Small Estates

Published on: Apr 28, 2025

On Mar. 21, ND LEG reported bill re value subject to distribution.

  • ND LEG reported bill HB 1224 enacted re collection of personal property by affidavit.
  • Bill amended, reenacted ND LEG 30.1-23 regarding administration for small estates.
  • Amended value of entire estate subject to distribution or succession under, wherever located, less liens and encumbrances, to not exceed one hundred thousand dollars.
  • Document dated Mar. 21, 2025, was received on Apr. 24, 2025, due to a fixed feed.
  • Legislative History
  • On Jan. 13, 2025, bill introduced in the House; on Jan. 31, 2025, bill passed House.
  • On Feb. 13, 2025, bill introduced in the Senate; on Mar. 13, 2025, bill passed Senate.
  • On Mar. 21, 2025, ND LEG reported bill was signed by the governor on Mar. 19, 2025.
  • Effectiveness
  • Bills without effective dates specified in bill text become effective on Aug. 1.
Regulators
ND LEG
Entity Types
CNSM; Fiduciary
Reference
Bill HB1224, 3/21/2025; Citation: ND LEG 30.1-23;
Functions
Compliance; Financial; Legal; Operations
Countries
United States of America
Category
State
N/A
Products
Wealth Mgt
Rule Type
Final
Regions
Am
Rule Date
Mar 21, 2025
Effective Date
Aug 1, 2025
Rule ID
252210
Linked to
N/A
Reg. Last Update
Mar 21, 2025
Report Section
US Consumer