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

N.D. Cent. Code § 6-03-53: Borrowing and rediscounting - Report required

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Where this section sits in the code
  1. Title 6 Banks And Banking
  2. Chapter 6-03 Powers, Management, And Operation Of Banks

Whenever a state banking association borrows money or rediscounts with recourse such association shall immediately make a full written report of the transaction to the commissioner upon the commissioner's request, which report must include a full description of all collateral security given or to be given by such association for the credit obtained.

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

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