N.D. Cent. Code § 6-01-31

This is the official text of N.D. Cent. Code § 6-01-31, 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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6-01-31. Certain accounts open for inspection

Official statutory text

6-01-31. Certain accounts open for inspection

Any person acquiring custody of, or receiving any funds for or on behalf of the state of North

Dakota, or any of its political subdivisions, who places such funds in an account with any

financial institution, banking association, or banking institution, or who commingles such funds

with any private account, has waived all privilege of privacy or confidentiality on such accounts

for the purposes of permitting an audit, examination, or inspection by the state auditor,

commissioner of financial institutions, or the attorney general, as hereinafter provided.

Upon application and a reasonable showing by either the state auditor, the commissioner of

financial institutions, or the attorney general that any account, private or otherwise, in any

banking association, financial institution, or banking institution, contains funds belonging to the

state of North Dakota or a political subdivision, whether or not commingled with private funds,

the district court may issue its order making such accounts available for examination, audit, or

inspection by the state auditor, the commissioner of financial institutions, or the attorney

general. No financial institution, banking association, or banking institution is subject to

damages for giving information on, or making such account available for inspection, audit, or

examination pursuant to this section.

In addition to any other presumptions, any check, draft, or other comparable instrument is

presumed to represent public funds of the state, or a political subdivision, as the case may be, if

it is payable to a person identified as an official of the state or a political subdivision.

Status: in_force · Read it on the official government site

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