N.D. Cent. Code § 6-08.6-04: Requirements for special deposit

A deposit is a special deposit if it is:

1.A deposit of funds in a bank or credit union under an account agreement;

2.For the benefit of at least two beneficiaries, one or more of which may be a depositor;

3.Denominated in a medium of exchange that is currently authorized or adopted by a domestic or foreign government;

4.For a permissible purpose stated in the account agreement; and

5.Subject to a contingency.