{"data":{"id":"us-nd/n.d.-cent.-code-6-03-54","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 6-03-54","heading":"Pledge - Ratio to assets","body":"It is unlawful for any state banking association to pledge or hypothecate more than one and one-half dollars of the face value of any of its assets for each one dollar of money borrowed, except with written authority from the commissioner.","path":["Title 6 Banks And Banking","Chapter 6-03 Powers, Management, And Operation Of Banks"],"source_url":"https://ndlegis.gov/cencode/t06c03.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"2afc3129235680476a0ec6c81896a746a0605ac94ccfc56012263f0dcd729dce","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-6-03-53","next":"us-nd/n.d.-cent.-code-6-03-54.1"},"notice":"GroundRules: Original legal text. Not legal advice."}
