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45 chapters · 451 sections in this title.
N.D.C.C. § 6-02-01 Compliance with chapters required - Penalty for noncompliance
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1. No person, firm, company, copartnership, or corporation, either domestic or foreign, not organized under this chapter or authorized to take on banking powers under this section, except national banking corporations, banks organized under the laws of another state, domestic or …
N.D.C.C. § 6-02-02 Banking corporations - Who may form
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An association for carrying on the business of banking under this title may be formed by any number of natural persons, not less than three, at least two-thirds of whom must be residents of this state. They shall enter into articles of association which must specify in general te…
N.D.C.C. § 6-02-02.1 Nonbank bank not qualified to do business
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It is unlawful for any organization, association, or corporation, which owns or controls an institution insured by the federal deposit insurance corporation, to own or control an institution insured by the federal deposit insurance corporation or eligible to be insured by the fed…
N.D.C.C. § 6-02-03 Capital stock, surplus, and federal deposit insurance requirements
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1. The capital stock of any banking association organized after June 30, 1987, must be not less than one hundred thousand dollars. In addition to such capital requirements, there must be subscribed and paid in at the time of organization a surplus of not less than fifty thousand …
