{"data":{"id":"us-nd/n.d.-cent.-code-6-07.2-06","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 6-07.2-06","heading":"Sale of assets - Assumptions of deposit liabilities by new institution","body":"The receiver may sell all or any part of the institution's assets to one or more other state or federally chartered depository institution or to a federal deposit insurance agency in the receiver's corporate capacity. The receiver may also borrow from a federal deposit insurance agency an amount necessary to facilitate the assumption of deposit liabilities by a newly chartered or existing state or federally chartered depository institution, assigning any part or all of the assets of the institution as security for the loan.","path":["Title 6 Banks And Banking","Chapter 6-07.2 Dissolution, Insolvency, Suspension, Receivership, And Liquidation"],"source_url":"https://ndlegis.gov/cencode/t06c07-2.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"225a4f292129370aaa577dc937f70b31042e2eb661beafa51bc37bd32587a919","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-6-07.2-05","next":"us-nd/n.d.-cent.-code-6-07.2-07"},"notice":"GroundRules: Original legal text. Not legal advice."}