N.D. Cent. Code § 6-06.2-01
This is the official text of N.D. Cent. Code § 6-06.2-01, 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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6-06.2-01. Definitions
Official statutory text
6-06.2-01. Definitions
1. "Converted organization" means the banking institution, credit union, or other financial
institution previously authorized by the commissioner to engage in the business of
banking under the laws of this state and has been converted into a cooperative
financial institution under this chapter.
2. "Member" means a holder of a cooperative financial institution savings, demand, or
other authorized deposit account.
3. "Originating member" means an individual who seeks to form a cooperative financial
institution under this chapter.
1. "Converted organization" means the banking institution, credit union, or other financial
institution previously authorized by the commissioner to engage in the business of
banking under the laws of this state and has been converted into a cooperative
financial institution under this chapter.
2. "Member" means a holder of a cooperative financial institution savings, demand, or
other authorized deposit account.
3. "Originating member" means an individual who seeks to form a cooperative financial
institution under this chapter.
Status: in_force · Read it on the official government site
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