Transfers to Relatives for Services Received
510-05-80-35
(Revised 10/01 ML #2711)
View Archives
(N.D.A.C. Section 75-02-02.1-33.1)
Where any income or asset is transferred to a relative for services or assistance furnished by the relative, the services or assistance furnished may not be treated as consideration for the transferred income or asset unless the transfer is made pursuant to a valid written contract entered into prior to rendering the services.