GroundRules
N.D. Cent. Code § 6-03-20: Impairment of capital - Notice to commissioner - Penalty
Where this section sits in the code
- Title 6 Banks And Banking
- Chapter 6-03 Powers, Management, And Operation Of Banks
The president, cashier, or other officer in active charge of any state banking association shall notify the commissioner immediately by certified mail of any impairment of capital or reduction of capital stock thereof, and any such officer failing so to do is guilty of a class B misdemeanor.
Collected 2026-09-02T21:04:14Z. Source file · JSON