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North Dakota · Through 2026-07-31T11:12:02

N.D. Cent. Code § 6-01-32: Liability of bank officers and directors

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Where this section sits in the code
  1. Title 6 Banks And Banking
  2. Chapter 6-01 Department Of Financial Institutions

No claim or action seeking to recover money damages may be brought by the federal deposit insurance corporation, resolution trust corporation, or other federal banking regulatory agency against any director or officer, including any former director or officer, of any insured financial depository institution unless the claim or action arises out of the gross negligence, or willful or intentional misconduct of the officer or director during the term of office with the insured financial institution.

Collected 2026-09-02T21:04:14Z. Source file · JSON

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