North Dakota Statutes
§ 6-03-09 — Holding of real estate - Limitation
No banking association may hold the possession of any real estate under mortgage, nor
title and possession of any real estate purchased to satisfy indebtedness, for a longer period
than five years from the date of acquiring title thereto unless such time has been extended by
certificate of the commissioner.
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North Dakota § 6-03-09 (Holding of real estate - Limitation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 6-01-01
Management and control - State department of financial institutions - Local ordinances preempted§ 6-01-01.1
Regulatory fund established - Uses - Continuing appropriation (Effective through June 30, 2029)§ 6-01-02
Definitions§ 6-01-04.2
Cease and desist orders§ 6-01-04.3
Assessment of civil money penalties§ 6-01-04.4
Prompt corrective action§ 6-01-04.5
Investigation of bank holding companies§ 6-01-06
Appointment of receivers§ 6-01-07.1
Records - Confidential