45 chapters · 536 sections in this title.
N.D.C.C. § 6-05.1-01 Definitions
2.6K chars
As used in this chapter, unless the context plainly requires otherwise: 1. "Affiliated bank", with respect to a subsidiary trust company, means any of the following: a. A bank incorporated under the laws of this state, or a national banking association having its main office in t…
N.D.C.C. § 6-05.1-02 Organization of subsidiary trust companies
0.6K chars
A subsidiary trust company may be incorporated under the laws of this state or formed under the laws of the United States. To the extent not inconsistent with the provisions of sections 6-05.1-01 through 6-05.1-05, any subsidiary trust company incorporated under the laws of this …
N.D.C.C. § 6-05.1-03 Permissible business of subsidiary trust companies
0.4K chars
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 c…
N.D.C.C. § 6-05.1-04 Trust offices of subsidiary trust companies
8.1K chars
A subsidiary trust company may establish and maintain for itself and its subsidiary entities one or more offices or places of business within this state, throughout the United States, in foreign countries, or in dependencies or insular possessions of the United States. The regula…