North Dakota Statutes

§ 6-03-20 — Impairment of capital - Notice to commissioner - Penalty

North Dakota § 6-03-20
JurisdictionNorth Dakota
Title 6Banks and Banking
Ch. 6-03Powers, Management, and Operation of Banks

This text of North Dakota § 6-03-20 (Impairment of capital - Notice to commissioner - Penalty) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 6-03-20 (2026).

Text

The president, cashier, or other officer in active charge of any state banking association shall notify the commissioner immediately by certified mail of any impairment of capital or reduction of capital stock thereof, and any such officer failing so to do is guilty of a class B misdemeanor.

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Bluebook (online)
North Dakota § 6-03-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/6-03-20.