N.D. Cent. Code § 6-07.2-15
This is the official text of N.D. Cent. Code § 6-07.2-15, 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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6-07.2-15. Contents of articles of dissolution
Official statutory text
6-07.2-15. Contents of articles of dissolution
If the proceedings described in this chapter have been completed, the receiver shall
execute and file, in the manner provided in this section, articles of dissolution, setting forth the
following information:
1. The name of the institution;
2. The place where the institution's main office was located;
3. The names and addresses of the directors and officers of the institution at the time the
liquidation proceedings were begun;
4. A brief summary of the aggregate amount of general claims finally allowed against the
institution, the order in which the claims were paid, and the aggregate amount of all
other claims against the institution. A statement of the aggregate payments made on
each of the groups of claims must be provided, referencing the orders of the receiver
authorizing those payments and the current reports documenting such payments; and
5. A brief summary of the aggregate amount of payments made to the shareholders of
the institution, whether of money or other property, and a reference to the orders of the
receiver authorizing the payments and to the current reports in which documentation of
the payments is made.
If the proceedings described in this chapter have been completed, the receiver shall
execute and file, in the manner provided in this section, articles of dissolution, setting forth the
following information:
1. The name of the institution;
2. The place where the institution's main office was located;
3. The names and addresses of the directors and officers of the institution at the time the
liquidation proceedings were begun;
4. A brief summary of the aggregate amount of general claims finally allowed against the
institution, the order in which the claims were paid, and the aggregate amount of all
other claims against the institution. A statement of the aggregate payments made on
each of the groups of claims must be provided, referencing the orders of the receiver
authorizing those payments and the current reports documenting such payments; and
5. A brief summary of the aggregate amount of payments made to the shareholders of
the institution, whether of money or other property, and a reference to the orders of the
receiver authorizing the payments and to the current reports in which documentation of
the payments is made.
Status: in_force · Read it on the official government site
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