N.D. Admin. Code 13-02-16-03
Current through Supplement No. 394, October, 2024
The applicant must demonstrate that the proposed trust committee and officers have experience commensurate with the trust powers being requested. Upon granting trust powers, the board may require the applicant to commit to a training program of trust schools and seminars acceptable to the board. The board may also direct the applicant to enter into a training agreement with another trust company or bank.
N.D. Admin Code 13-02-16-03
General Authority: NDCC 6-01-04
Law Implemented: NDCC 6-03-02(12), 6-05-01