N.D. Cent. Code § 6-01-17.2
This is the official text of N.D. Cent. Code § 6-01-17.2, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
6-01-17.2. Additional assessment of banks and interstate branches
Official statutory text
6-01-17.2. Additional assessment of banks and interstate branches
If the commissioner determines that more than one visit, inspection, or examination is
necessary to promote the safety and soundness of a state banking association or a branch of
an out-of-state state bank during a twelve-month period, the state banking association or branch
shall pay to the state treasurer a fee for the time used by the commissioner or other person
designated by the commissioner in supervising, filing, and corresponding in connection with
each additional visit, inspection, or examination and report of examination and for time used by
each deputy examiner, or other person in making and otherwise preparing and typing the
reports of examination herein provided for. Fees for the visit, inspection, or examination must be
charged by the department of financial institutions at an hourly rate to be set by the
commissioner, sufficient to cover all reasonable expenses of the department associated with the
visit, inspection, or examination provided for by this section. A state banking association or
branch of an out-of-state state bank shall pay such assessment or fee within ten days of
receiving a billing from the commissioner. Fees must be deposited in the financial institutions
regulatory fund. The state treasurer shall report the payments of fees to the commissioner, and
if any corporation or institution or branch is delinquent more than twenty days in making the
payment, the board may make an order suspending the functions of the delinquent corporation
or institution or branch until payment of the amount due. The commissioner may assess a
penalty of five dollars a day additional for the delay. The state banking board may waive or
postpone the collection of this special assessment if the assessment would place an undue
burden on the state banking association or branch.
If the commissioner determines that more than one visit, inspection, or examination is
necessary to promote the safety and soundness of a state banking association or a branch of
an out-of-state state bank during a twelve-month period, the state banking association or branch
shall pay to the state treasurer a fee for the time used by the commissioner or other person
designated by the commissioner in supervising, filing, and corresponding in connection with
each additional visit, inspection, or examination and report of examination and for time used by
each deputy examiner, or other person in making and otherwise preparing and typing the
reports of examination herein provided for. Fees for the visit, inspection, or examination must be
charged by the department of financial institutions at an hourly rate to be set by the
commissioner, sufficient to cover all reasonable expenses of the department associated with the
visit, inspection, or examination provided for by this section. A state banking association or
branch of an out-of-state state bank shall pay such assessment or fee within ten days of
receiving a billing from the commissioner. Fees must be deposited in the financial institutions
regulatory fund. The state treasurer shall report the payments of fees to the commissioner, and
if any corporation or institution or branch is delinquent more than twenty days in making the
payment, the board may make an order suspending the functions of the delinquent corporation
or institution or branch until payment of the amount due. The commissioner may assess a
penalty of five dollars a day additional for the delay. The state banking board may waive or
postpone the collection of this special assessment if the assessment would place an undue
burden on the state banking association or branch.
Status: in_force · Read it on the official government site
Need a lawyer in North Dakota?
Find a North Dakota lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.