North Dakota § 54-52-16 - Insurance contracts - Trust agreements
Full text of North Dakota North Dakota Century Code § 54-52-16 — Insurance contracts - Trust agreements, with citation guidance and answers to common questions.
§ 54-52-16. Insurance contracts - Trust agreements
For the purpose of establishing the funding agent or agents, the board may enter into an insurance contract, agreement, or purchase an insurance policy or policies covering all or any part of the retirement plan adopted, provided the assuring company is a North Dakota corporation or authorized to do business in the state of North Dakota, or may enter into a contract with any qualified trust company or companies, or combinations of insurance contracts and trust contracts.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 54-52-16
What does North Dakota Century Code § 54-52-16 cover?
Section 54-52-16 ("Insurance contracts - Trust agreements") is part of the North Dakota Century Code, the codified statutory law of North Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Dakota § 54-52-16?
A common citation format is "North Dakota Century Code § 54-52-16" (North Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Dakota official source linked on this page or consult a licensed North Dakota attorney.
How does North Dakota § 54-52-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Dakota.