N.D. Cent. Code § 6-09-02.1
This is the official text of N.D. Cent. Code § 6-09-02.1, 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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6-09-02.1. Declaration and finding of public purpose - Bank of North Dakota advisory board of directors
Official statutory text
6-09-02.1. Declaration and finding of public purpose - Bank of North Dakota advisory
board of directors.
To enlist the help of private enterprise and to encourage more active use of the purposes for
which the Bank of North Dakota was created, the governor shall appoint an advisory board of
directors to the Bank of North Dakota consisting of seven persons, at least two of whom must
be officers of banks, the majority of the stock of which is owned by North Dakota residents, and
at least one of whom must be an officer of a state-chartered or federally chartered financial
institution. The governor shall appoint a chairman, vice chairman, and secretary from the
advisory board of directors. The term of a director is four years. The industrial commission shall
define the duties of the advisory board of directors.
board of directors.
To enlist the help of private enterprise and to encourage more active use of the purposes for
which the Bank of North Dakota was created, the governor shall appoint an advisory board of
directors to the Bank of North Dakota consisting of seven persons, at least two of whom must
be officers of banks, the majority of the stock of which is owned by North Dakota residents, and
at least one of whom must be an officer of a state-chartered or federally chartered financial
institution. The governor shall appoint a chairman, vice chairman, and secretary from the
advisory board of directors. The term of a director is four years. The industrial commission shall
define the duties of the advisory board of directors.
Status: in_force · Read it on the official government site
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