§ 6-08-25 — When foreign bank or trust company may serve in fiduciary capacity in state - Reciprocity

- Reciprocity.
A bank or trust company organized and doing business under the laws of any state or
territory of the United States of America, including the District of Columbia, other than the state
of North Dakota, and a national bank, duly authorized so to act, may be appointed and may
serve in this state as trustee, whether of a corporate or personal trust, executor, administrator,
guardian for a minor or for an incompetent person, or in any other fiduciary capacity, whether
the appointment is by will, deed, court order, or decree, or otherwise, when and to the extent
that the state, territory, or district in which such bank or trust company is organized or has its
principal place of business grants authority to serve in like fiduciary capacities to a bank or trust
company organized and doing business under the laws of this state.