N.D. Cent. Code § 6-08.3-13
This is the official text of N.D. Cent. Code § 6-08.3-13, 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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6-08.3-13. Interstate banking authorization
Official statutory text
6-08.3-13. Interstate banking authorization
This chapter specifically authorizes, in accordance with section 3 of the Bank Holding
Company Act of 1956 [12 U.S.C. 1842], and section 101 of the Riegle-Neal Interstate Banking
and Branching Efficiency Act of 1994 [Pub. L. 103-328; 108 Stat. 2338; 12 U.S.C. 1811 et seq.],
interstate banking in this state. However, to the extent a state imposes a restriction on the ability
of a North Dakota bank holding company to acquire a bank in that state and the restriction is
based on the length of time either bank has existed, that restriction must apply to any
acquisition of a North Dakota bank by a bank holding company located in that state but does not
apply to any bank established in this state on July 31, 1997.
This chapter specifically authorizes, in accordance with section 3 of the Bank Holding
Company Act of 1956 [12 U.S.C. 1842], and section 101 of the Riegle-Neal Interstate Banking
and Branching Efficiency Act of 1994 [Pub. L. 103-328; 108 Stat. 2338; 12 U.S.C. 1811 et seq.],
interstate banking in this state. However, to the extent a state imposes a restriction on the ability
of a North Dakota bank holding company to acquire a bank in that state and the restriction is
based on the length of time either bank has existed, that restriction must apply to any
acquisition of a North Dakota bank by a bank holding company located in that state but does not
apply to any bank established in this state on July 31, 1997.
Status: in_force · Read it on the official government site
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