The advisory board of directors to the Bank of North Dakota shall: 1. Meet regularly with the management of the Bank of North Dakota to review the Bank's operations to determine whether recommendations should be made by the board to the industrial commission relating to improved management performance, better customer service, and overall improvement in internal methods, procedures, and operating policies of the Bank. 2. Make recommendations to the industrial commission relating to the establishment of additional objectives for the operation of the Bank of North Dakota. 3. Make recommendations to the industrial commission concerning the appointment of officers of the Bank of North Dakota. 4. Meet regularly with the industrial commission to present any recommendations concerning the Bank of North Dakota. 5. In addition to the foregoing and pursuant to authorization from the industrial commission, act on behalf of the Bank with respect to the powers and functions of the Bank.
6-09-03. Industrial commission may acquire property by purchase or eminent domain - Investment in banking house and furnishings. Repealed by S.L. 1989, ch. 110, § 11.
6-09-04. Commission to employ president and employees - Compensation, operation, and maintenance expenditures limited to appropriations, revenue, or capital. The industrial commission shall appoint a president, and may appoint and employ such subordinate officers, employees, and agents as it may judge expedient and in the interests of the state, and shall define the duties, designate the titles, and fix the compensation of all such persons. The commission may designate the president or other officers or employees as its agent in respect to the functions of the Bank, subject to its supervision, limitation, and control. The total compensation of such appointees and employees, together with other expenditures for the operation and maintenance of the Bank, shall remain within the appropriation, revenues, or capital lawfully available for such purposes.