Notes or obligations - Legal investments

N.D.C.C. § 10-30.6-10 — under Community Development Corporations.

N.D.C.C. § 10-30.6-10

Notwithstanding any other statute, the notes or other interest-bearing obligations of a state development corporation, issued in accordance with this chapter and the articles of

incorporation and the bylaws of the corporation, are legal investments for any bank that becomes a member of the corporation.