N.D. Cent. Code § 6-03-53
This is the official text of N.D. Cent. Code § 6-03-53, 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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6-03-53. Borrowing and rediscounting - Report required
Official statutory text
6-03-53. Borrowing and rediscounting - Report required
Whenever a state banking association borrows money or rediscounts with recourse such
association shall immediately make a full written report of the transaction to the commissioner
upon the commissioner's request, which report must include a full description of all collateral
security given or to be given by such association for the credit obtained.
Whenever a state banking association borrows money or rediscounts with recourse such
association shall immediately make a full written report of the transaction to the commissioner
upon the commissioner's request, which report must include a full description of all collateral
security given or to be given by such association for the credit obtained.
Status: in_force · Read it on the official government site
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