North Dakota Statutes
§ 21-04-17 — When bonds are required
If at any time it appears that the benefit of the federal act guarantying deposits in financial
institutions has been withdrawn or is about to be withdrawn from the financial institution in which
any public funds are deposited, the board having control of or supervision over such public
funds immediately shall withdraw the full amount thereof from said financial institution, or
forthwith shall require the usual bond required to secure the deposits of such public funds, and it
is unlawful to continue any financial institution as a depository of public funds unless and until
said bonds have been furnished.
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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