Statutes, codes, and regulations
North Dakota Administrative Code
Title 13 - Department of Financial InstitutionsArticle 13-03 - Credit Unions
Chapter 13-03-10 - Acting as Trustee and Custodian of Pension Plans
Section 13-03-10-02 - Appointment of successor trustee or custodian

N.D. Admin. Code 13-03-10-02

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Current through Supplement No. 395, January, 2025
Section 13-03-10-02 - Appointment of successor trustee or custodian

The plan shall provide for the appointment of a successor trustee or custodian by a person, committee, corporation, or organization other than the credit union or any person acting in one's capacity as a director, employee, or agent of the credit union, upon notice from the credit union or the board that the credit union is unwilling or unable to continue to act as trustee or custodian.

N.D. Admin Code 13-03-10-02

Effective June 1, 1983.

General Authority: NDCC 6-01-04

Law Implemented: NDCC 6-06-06