§ 1-03-04 — Business days

All days other than those mentioned in sections 1-03-01, 1-03-02, and 1-03-02.1 are to be
deemed business days for all purposes. However, any bank may remain closed on any one
business day of each week, as it may from time to time elect. Any day upon which a bank is so
closed shall be, with respect to such bank, a holiday and not a business day. Any act
authorized, required, or permitted to be performed at or by or with respect to such bank on such
day, may be performed on the next succeeding business day, and no liability or loss of rights
shall result from such delay.
Notice of intention on the part of any bank to remain closed on a business day of the week
shall be posted in a conspicuous place in the lobby of the bank at least ten days prior to the
establishment of such practice and similar notice shall be given when a bank elects to change
the day of the week on which it remains closed. Any state bank establishing the practice, as
hereinbefore provided, of closing one day a week shall give ten days' notice in writing to the
commissioner of financial institutions, in addition to posting the notice in the lobby. However, any

bank may elect to remain closed on a business day of the week without any prior notice in the
event of the following emergencies: any act of God, death of an officer, or a robbery.