N.D. Cent. Code § 6-07.1-10
This is the official text of N.D. Cent. Code § 6-07.1-10, 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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6-07.1-10. Pending lawsuits
Official statutory text
6-07.1-10. Pending lawsuits
A judgment or order of a court of this state or of any other jurisdiction in an action pending
by or against the state trust company, rendered after the date the state trust company was
closed for liquidation, is not binding on the receiver unless the receiver was made a party to the
suit. Before the first anniversary of the date the state trust company was closed for liquidation,
the receiver may not be required to plead to any suit pending against the state trust company in
a court in this state on the date the state trust company was closed for liquidation and in which
the receiver is a proper plaintiff or defendant.
A judgment or order of a court of this state or of any other jurisdiction in an action pending
by or against the state trust company, rendered after the date the state trust company was
closed for liquidation, is not binding on the receiver unless the receiver was made a party to the
suit. Before the first anniversary of the date the state trust company was closed for liquidation,
the receiver may not be required to plead to any suit pending against the state trust company in
a court in this state on the date the state trust company was closed for liquidation and in which
the receiver is a proper plaintiff or defendant.
Status: in_force · Read it on the official government site
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