North Dakota Statutes

§ 6-03-07 — Investment in banking facility, furniture, and fixtures - Limitation

North Dakota·Title 6 Banks and Banking·Ch. 6-03 Powers, Management, and Operation of Banks
A state banking association may not invest more than sixty-five percent of the amount of its unimpaired capital stock, surplus, and undivided profits in a banking facility, furniture, fixtures, and equipment without the approval of the commissioner or the state banking board.

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