Every such corporation is subject at all times to the orders, judgments, and decrees of any court of record from which or under which it has accepted any trust, appointment, or commission as to such trust, and shall render to the court such itemized and verified accounts, statements, and reports as may be required by law, or as such court shall order in relation to any trust.

Terms Used In North Dakota Code 6-05-17

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Record: means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. See North Dakota Code 6-01-02
  • Verified: means sworn to before an officer authorized to administer oaths. See North Dakota Code 1-01-42
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