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N.D. Cent. Code § 6-08.6-02

Scope - Choice of law - Forum

1. This chapter applies to a special deposit under an account agreement that states the intention of the parties to establish a special deposit governed by this chapter, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this state.

2. The parties to an account agreement may choose a forum in this state for settling a dispute arising out of the special deposit, regardless of whether a party to the account agreement or a transaction related to the special deposit, or the special deposit itself, has a reasonable relation to this state.

3. This chapter does not affect:

a. A right or obligation relating to a deposit other than a special deposit under this chapter; or b. The voidability of a deposit or transfer that is fraudulent or voidable under other law.

Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.