A banking association receiving approval by the board to exercise trust powers may exercise trust powers at its main banking house, banking house or office, paying and receiving stations, and drive-in and walkup facility locations. Only one application is required for a banking association. Trust powers granted by the board prior to the effective date of this chapter for the bank's separate banking house locations shall be considered to heretofore apply to all locations.
N.D. Admin Code 13-02-16-01
General Authority: NDCC 6-01-04
Law Implemented: NDCC 6-03-02(13), 6-03-13.1, 6-03-17, 6-05-01