Chapter

Annuity, Safe Deposit, Surety, and Trust Companies

N.D. Cent. Code § 6-05-01— Who may form - Corporation has perpetual existence
N.D. Cent. Code § 6-05-02— Compliance with chapter required - Penalty for noncompliance
N.D. Cent. Code § 6-05-03— Capital required
N.D. Cent. Code § 6-05-04— Surety deposit investments required - Securities in which investment may be made
N.D. Cent. Code § 6-05-04.1— Right of action against deposit
N.D. Cent. Code § 6-05-05— Certificate of deposit
N.D. Cent. Code § 6-05-06— Directors - Qualifications - Terms - Vacancies
N.D. Cent. Code § 6-05-07— Election of directors - Appointment and bonds of officers
N.D. Cent. Code § 6-05-08— Corporate powers
N.D. Cent. Code § 6-05-08.1— Issuance of certificates of deposit - Penalty
N.D. Cent. Code § 6-05-09— Savings, investment, and trust property - Separate accounts
N.D. Cent. Code § 6-05-10— Discretionary power of investment - Limitations
N.D. Cent. Code § 6-05-11— Bond not required - Power to be surety on judicial bonds - Deposit of securities
N.D. Cent. Code § 6-05-11.1— Bonds of officers and employees
N.D. Cent. Code § 6-05-12— Court bonds not required
N.D. Cent. Code § 6-05-13— Transfer of trust to corporation
N.D. Cent. Code § 6-05-14— Compensation - Lien
N.D. Cent. Code § 6-05-15— Investment of trust funds
N.D. Cent. Code § 6-05-15.1— Corporate trustee - Investment of trust funds - Commingling funds
N.D. Cent. Code § 6-05-15.2— Common trust funds of affiliates
N.D. Cent. Code § 6-05-15.3— Deposit of trust funds awaiting investment or distribution in affiliates
N.D. Cent. Code § 6-05-15.4— Multiple offices or places of business - Application to state banking board - Hearing
N.D. Cent. Code § 6-05-15.5— Structure of trust company - Operating subsidiaries - Notice - Hearing - Supervision
N.D. Cent. Code § 6-05-16— Indebtedness of directors - Prohibition and exception - Theft - Penalty
N.D. Cent. Code § 6-05-17— Corporation subject to court orders - Reports to court
N.D. Cent. Code § 6-05-18— Annual report to state examiner - Publication
N.D. Cent. Code § 6-05-19— Fidelity insurance and corporate suretyship - Domestic and foreign corporations
N.D. Cent. Code § 6-05-20— Execution and acceptance of bond from surety company - Bond as compliance with law
N.D. Cent. Code § 6-05-21— Cost of bond allowable as expense and taxable as costs in suit
N.D. Cent. Code § 6-05-22— Domestic surety companies and agents must obtain certificate from insurance commissioner
N.D. Cent. Code § 6-05-23— Concurrent undertakings permitted - Losses prorated
N.D. Cent. Code § 6-05-24— Surety company may petition to be relieved from liability - Procedure
N.D. Cent. Code § 6-05-25— When subscribed capital stock must be paid in
N.D. Cent. Code § 6-05-26— Increase in capital stock - Action by stockholders - Report to state banking board
N.D. Cent. Code § 6-05-27— Commissioner to order increase in security deposit - When
N.D. Cent. Code § 6-05-28— Examination by commissioner - Fees - Power over business, officers, and employees
N.D. Cent. Code § 6-05-29— Duty of commissioner when examination discloses violation of law
N.D. Cent. Code § 6-05-30— Conditions under which foreign corporation may do fidelity and surety business
N.D. Cent. Code § 6-05-31— Service on foreign corporation doing fidelity and surety business
N.D. Cent. Code § 6-05-32— Foreign corporation doing fidelity or surety business to pay tax - To whom paid - How determined
N.D. Cent. Code § 6-05-33— Responsibility of fidelity and surety corporation for fraud of bonded officer
N.D. Cent. Code § 6-05-34— Other code provisions applicable to corporations doing business under this chapter