TITLE 10: LOCAL LAWS DIVISION 2: SECOND SENATORIAL DISTRICT (TINIAN, ETC.)
§ 25115. Keeping of Bank Accounts. A casino operator shall keep and maintain separate bank accounts as approved by the Commission in a bank in the Commonwealth of the Northern Mariana Islands for use for all banking transactions relating to the operations of the hotelcasino complex or the casino, as the case may be. Upon execution of an appropriate waiver, consistent with “The Right to Financial Privacy Act,” 12 U.S.C. § 3401 et seq. and 4 CMC § 6454, an applicant or licensee shall be deemed to have given to the Commission an unconditional and irrevocable grant of authority to inspect, on demand, and without notice to such applicant or licensee, the applicant’s or licensee’s bank accounts and bank records wherever said bank is located as well as a grant by the licensee to its bank of indemnification for the release of any such otherwise confidential information. Source: Tinian Local Initiative 1, § 107; amended by TLL 21-9, § 4 (§ 25115) (Mar. 30, 2020).