North Dakota Statutes
§ 10-30-11 — Deposit of funds - Loans
North Dakota § 10-30-11
This text of North Dakota § 10-30-11 (Deposit of funds - Loans) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.D. Cent. Code § 10-30-11 (2026).
Text
The corporation shall not deposit any of its funds in any banking institution unless such
institution has been designated as a depository by a vote of a majority of the directors, exclusive
of any director who is an officer or director of the depository so designated. The corporation
shall not receive money on deposit. No loans shall be made directly or indirectly to any officer of
the corporation or to any firm of which such officer is a member or officer.
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Nearby Sections
15
§ 10-01.1-01
Citation§ 10-01.1-02
Definitions§ 10-01.1-03
Fees§ 10-01.1-04
Addresses in filings§ 10-01.1-05
Appointment of registered agent§ 10-01.1-06
Listing of commercial registered agent§ 10-01.1-08
Change of registered agent by entity§ 10-01.1-14
Duties of registered agent§ 10-01.1-15
Jurisdiction and venueCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 10-30-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/10-30-11.