The board of supervisors of any township and the school board of any public school district may designate depositories at any meeting of such board and no notice to financial institutions need be given and no formal proposals need be received.
Townships and public school districts - Selection of depositories at any time
N.D.C.C. § 21-04-15, under Depositories of Public Funds.
N.D.C.C. § 21-04-15