GroundRules
N.D. Cent. Code § 6-05-15.3: Deposit of trust funds awaiting investment or distribution in affiliates
Where this section sits in the code
- Title 6 Banks And Banking
- Chapter 6-05 Annuity, Safe Deposit, Surety, And Trust Companies
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.
Collected 2026-09-02T21:04:14Z. Source file · JSON