Prohibited Offshore Acts. An offshore bank may not make loans, accept deposits or borrow funds in any form from a resident of the Commonwealth or a corporation chartered by the Commonwealth. Source: PL 3-104, § 1011.
4 CMC § 6812, under Prohibited Practices, Sanctions.
4 CMC § 6812
Prohibited Offshore Acts. An offshore bank may not make loans, accept deposits or borrow funds in any form from a resident of the Commonwealth or a corporation chartered by the Commonwealth. Source: PL 3-104, § 1011.