N.D. Cent. Code § 6-05.2-03
This is the official text of N.D. Cent. Code § 6-05.2-03, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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6-05.2-03. Books and accounts
Official statutory text
6-05.2-03. Books and accounts
1. Every banking institution exercising fiduciary powers must keep its fiduciary records
separate and distinct from other records of the banking institution. All fiduciary records
necessary for reporting purposes must be maintained for such time as to enable the
banking institution to furnish such information or reports with the commissioner. The
fiduciary records must contain full information relative to each account.
2. Every banking institution must keep an adequate record of all pending litigation to
which it is a party in concerning its exercise of fiduciary powers.
3. A banking institution must retain the records required for a period of three years from
the later of the termination of the fiduciary account relationship to which the records
relate or of litigation relating to the account.
1. Every banking institution exercising fiduciary powers must keep its fiduciary records
separate and distinct from other records of the banking institution. All fiduciary records
necessary for reporting purposes must be maintained for such time as to enable the
banking institution to furnish such information or reports with the commissioner. The
fiduciary records must contain full information relative to each account.
2. Every banking institution must keep an adequate record of all pending litigation to
which it is a party in concerning its exercise of fiduciary powers.
3. A banking institution must retain the records required for a period of three years from
the later of the termination of the fiduciary account relationship to which the records
relate or of litigation relating to the account.
Status: in_force · Read it on the official government site
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