N.D. Cent. Code § 59-16.3-08 (2025)
The trustee, in administering a total return unitrust, may determine:
1. The effective date of the conversion;
2. The timing of distributions;
3. Whether distributions are to be made in cash, in kind, or partly in cash and partly in kind;
4. Which assets are to be excluded in determining the unitrust amount;
5. If the trust is reconverted to an income trust, the effective date of the reconversion; and
6. Any other administrative issues as may be necessary or appropriate to carry out the purposes of this chapter.