N.D. Cent. Code § 6-03-07
This is the official text of N.D. Cent. Code § 6-03-07, 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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6-03-07. Investment in banking facility, furniture, and fixtures - Limitation
Official statutory text
6-03-07. Investment in banking facility, furniture, and fixtures - Limitation
A state banking association may not invest more than sixty-five percent of the amount of its
unimpaired capital stock, surplus, and undivided profits in a banking facility, furniture, fixtures,
and equipment without the approval of the commissioner or the state banking board.
A state banking association may not invest more than sixty-five percent of the amount of its
unimpaired capital stock, surplus, and undivided profits in a banking facility, furniture, fixtures,
and equipment without the approval of the commissioner or the state banking board.
Status: in_force · Read it on the official government site
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