North Dakota Statutes
§ 21-04-07 — Limitation on county deposit in financial institution
In no case may the amount of county funds deposited by the board of county
commissioners in any one financial institution exceed the combined capital and surplus of such
financial institution. In a county where the deposits to be made by the board of county
commissioners of county funds exceed the combined capital and surplus of all the financial
institutions in the county, qualified as depositories, the board of county commissioners
nevertheless may deposit such county funds within the county upon the condition that such
financial institutions furnish sufficient bonds as required in this chapter.
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Nearby Sections
15
§ 21-01-01
Definitions§ 21-01-02
Warrant - Order of payment§ 21-01-03
Maximum amount of warrants or indebtedness - Violation of provisions - Liability - Penalty§ 21-01-04
Warrants for current expenses§ 21-01-05
Warrants for salaries and official publications - Payable one-half in cash prior to other warrants§ 21-01-07
Warrant register - By whom kept - Form§ 21-01-10
Cashbook and register open to inspection§ 21-02-01
Definitions§ 21-02-03
Certificate of county auditor§ 21-02-04
Signing false certificates - Penalty