N.D. Cent. Code § 6-05.1-02

Current through 2024 Legislative Session
Section 6-05.1-02 - Organization of subsidiary trust companies

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 state is subject to the laws of this state generally applicable to trust companies. A subsidiary trust company formed under the laws of the United States is, to the extent provided by the laws of the United States, subject to the laws of this state applicable to subsidiary trust companies incorporated under the laws of this state.

N.D.C.C. § 6-05.1-02