GroundRules
N.D. Cent. Code § 6-03-39: Investment in federal reserve bank stock authorized
Where this section sits in the code
- Title 6 Banks And Banking
- Chapter 6-03 Powers, Management, And Operation Of Banks
A bank shall have authority to invest such part of its funds in stock of the federal reserve bank of this district as may be necessary to permit the bank to become a member of the federal reserve association, and such stock may be carried as a part of the bank's assets.
Collected 2026-09-02T21:04:14Z. Source file · JSON