N.D. Cent. Code § 6-03-37.1
This is the official text of N.D. Cent. Code § 6-03-37.1, 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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6-03-37.1. Bank loans of excess reserves
Official statutory text
6-03-37.1. Bank loans of excess reserves
Obligations representing loans from one business day to the next to any state-chartered
bank or national banking association of excess reserve balances from time to time maintained
under the provisions of section 6-03-37, as amended, may not be deemed loans or additions to
any loans for the purposes of section 6-03-59.
Obligations representing loans from one business day to the next to any state-chartered
bank or national banking association of excess reserve balances from time to time maintained
under the provisions of section 6-03-37, as amended, may not be deemed loans or additions to
any loans for the purposes of section 6-03-59.
Status: in_force · Read it on the official government site
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