As soon as reasonably practicable given the condition of the state trust company records and the adequacy of staffing, the receiver shall prepare a comprehensive inventory of the state trust company’s assets for filing with the court. The inventory must be open to inspection.

Terms Used In North Dakota Code 6-07.1-06

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
  • Trust company: means any corporation formed for the purpose of transacting business as an annuity, safe deposit, surety, or trust company. See North Dakota Code 6-01-02