§ 6-02-05 — Acknowledgment of organization certificate - Application for certificate of authority - Notice of hearing

North Dakota § 6-02-05

• Jurisdiction: North Dakota
• Title 6: Banks and Banking
• Ch. 6-02: Organization and Qualification of Banks

Text

authority - Notice of hearing.
The organization certificate must be acknowledged before a notary public, and, the
acknowledged certificate must be authenticated by the seal of the notary. The authenticated
certificate must be transmitted to the state banking board with a request for permission to
present the same to the secretary of state, with application for the issuance of a certificate of
authority. Upon receiving such organization certificate, the board shall cause notice of the
application to be published in the official newspaper of the county within which such association
is proposed to be established. The notice must contain a statement of a time when and place
where the board will hear the application and must specify that any person objecting the
application may appear and show cause why such application should not be approved. Upon
the consolidation of banks, acquisition pursuant to chapter 6-07.2, or the conversion of a
national bank to a state bank, notice of such hearing need not be given.