N.D. Cent. Code § 6-06-33
This is the official text of N.D. Cent. Code § 6-06-33, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
6-06-33. Liquidation by the commissioner
Official statutory text
6-06-33. Liquidation by the commissioner
If the commissioner finds that a credit union is insolvent when the commissioner receives
notice of its intention to dissolve, or if a credit union in the process of voluntary dissolution is not
liquidated completely and its assets distributed within three years after the special meeting at
which the dissolution was voted, the commissioner shall take possession of the books, records,
and assets of the union and proceed to complete the liquidation in the manner provided in this
title for the liquidation of closed banks.
If the commissioner finds that a credit union is insolvent when the commissioner receives
notice of its intention to dissolve, or if a credit union in the process of voluntary dissolution is not
liquidated completely and its assets distributed within three years after the special meeting at
which the dissolution was voted, the commissioner shall take possession of the books, records,
and assets of the union and proceed to complete the liquidation in the manner provided in this
title for the liquidation of closed banks.
Status: in_force · Read it on the official government site
Need a lawyer in North Dakota?
Find a North Dakota lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.