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North Dakota Century Code Title 6. Banks and Banking § 6-05-15.3. Deposit of trust funds awaiting investment or distribution in affiliates

Current as of January 01, 2024 | Updated by Findlaw Staff

A bank or trust company qualified to and acting as fiduciary or cofiduciary in this state may deposit trust funds awaiting investment or distribution in a bank, including, without limitation, a bank that owns or controls, or that is owned or controlled by a corporation that owns or controls, the bank or trust company.

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Cite this article: FindLaw.com - North Dakota Century Code Title 6. Banks and Banking § 6-05-15.3. Deposit of trust funds awaiting investment or distribution in affiliates - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-6-banks-and-banking/nd-cent-code-sect-6-05-15-3/

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