N.D. Cent. Code § 6-01-07
This is the official text of N.D. Cent. Code § 6-01-07, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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6-01-07. Records of state banking board, state credit union board, and commissioner
Official statutory text
6-01-07. Records of state banking board, state credit union board, and commissioner
The state banking board and state credit union board shall keep a full and complete record
of all their proceedings and of all orders made by them. The records and the proceedings of the
boards and commissioner are open in accordance with sections 44-04-18 and 44-04-19. All
reports, except supervisory reports of examination, made by or filed with the board or the
commissioner relating to any financial institution, must be open to inspection and examination
by stockholders, shareholders, depositors, creditors, and sureties on any bonds of any such
institution or on the bonds of any officer or employee thereof, subject, however, to the following
restrictions:
1. A stockholder, shareholder, depositor, creditor, or surety of any institution desiring to
inspect the information specified above of any institution shall make a written request
for the inspection.
2. A written request must:
a. Specify the information to which access is requested; and
b. Give the reasons for the request.
3. Upon written request, the commissioner, or any person designated in writing by the
commissioner, may disclose information specified in subsection 1 of section 6-01-07.1
only upon determining and to the extent that good cause exists for the disclosure.
4. Either prior to or at the time of any disclosure, the commissioner or designee shall
impose such terms and conditions as the commissioner deems necessary to protect
the confidential nature of the information, the financial integrity of the financial
institution to which the information relates, and the legitimate privacy interests of any
individual named in the information.
The state banking board and state credit union board shall keep a full and complete record
of all their proceedings and of all orders made by them. The records and the proceedings of the
boards and commissioner are open in accordance with sections 44-04-18 and 44-04-19. All
reports, except supervisory reports of examination, made by or filed with the board or the
commissioner relating to any financial institution, must be open to inspection and examination
by stockholders, shareholders, depositors, creditors, and sureties on any bonds of any such
institution or on the bonds of any officer or employee thereof, subject, however, to the following
restrictions:
1. A stockholder, shareholder, depositor, creditor, or surety of any institution desiring to
inspect the information specified above of any institution shall make a written request
for the inspection.
2. A written request must:
a. Specify the information to which access is requested; and
b. Give the reasons for the request.
3. Upon written request, the commissioner, or any person designated in writing by the
commissioner, may disclose information specified in subsection 1 of section 6-01-07.1
only upon determining and to the extent that good cause exists for the disclosure.
4. Either prior to or at the time of any disclosure, the commissioner or designee shall
impose such terms and conditions as the commissioner deems necessary to protect
the confidential nature of the information, the financial integrity of the financial
institution to which the information relates, and the legitimate privacy interests of any
individual named in the information.
Status: in_force · Read it on the official government site
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