N.D. Cent. Code § 6-03-07

Current through the 2023 Legislative Sessions

Section 6-03-07 - Investment in banking facility, furniture, and fixtures - Limitation

A state banking association may not invest more than sixty-five percent of the amount of its unimpaired capital stock, surplus, and undivided profits in a banking facility, furniture, fixtures, and equipment without the approval of the commissioner or the state banking board.

N.D.C.C. § 6-03-07