{"data":{"id":"us-nd/n.d.-cent.-code-6-05.1-03","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 6-05.1-03","heading":"Permissible business of subsidiary trust companies","body":"The permissible business of a subsidiary trust company is to engage in such trust business as may be engaged in by a trust company pursuant to section 6-05-08. A subsidiary trust company may not exercise any of the powers provided in subsection 7 of section 6-03-02, nor conduct commercial banking business, but may maintain deposits of funds of fiduciary accounts not currently invested.","path":["Title 6 Banks And Banking","Chapter 6-05.1 Subsidiary Trust Companies"],"source_url":"https://ndlegis.gov/cencode/t06c05-1.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"5322b98ed36f3d2fb2f9bac23101b9e3986150f4f9e48a451ffddf1950c2d4f6","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-6-05.1-02","next":"us-nd/n.d.-cent.-code-6-05.1-04"},"notice":"GroundRules: Original legal text. Not legal advice."}