§ 6-08-26 — Requirements of foreign bank or trust company serving as fiduciary in state

North Dakota § 6-08-26

• Jurisdiction: North Dakota
• Title 6: Banks and Banking
• Ch. 6-08: General Provisions

Text

Before qualifying or serving in this state in any fiduciary capacity as defined in section
6-08-25, such bank or trust company shall file in the office of the secretary of state a filing fee of
fifty dollars, a copy of its charter certified by its secretary, and a power of attorney designating
the said secretary of state or the secretary of state's successor in office as the person upon
whom all notices and processes issued by any court of this state may be served in any action or
proceeding relating to any trust, estate, or matter within this state in respect of which such bank
or trust company is acting in any fiduciary capacity with like effect as personal service on such
bank or trust company. Such power of attorney is irrevocable so long as any such liability
remains outstanding against such bank or trust company in this state. Upon receipt of such
notice or process with a filing fee of twenty-five dollars, it is the duty of the said secretary of
state forthwith to forward the same by registered or certified mail to such bank or trust company
at the address stated in the said power of attorney, and such bank or trust company shall

comply with the provisions of chapter 6-05, insofar as the provisions of said chapter pertain to
banks or trust companies.