North Dakota Statutes
§ 6-03-39 — Investment in federal reserve bank stock authorized
A bank shall have authority to invest such part of its funds in stock of the federal reserve
bank of this district as may be necessary to permit the bank to become a member of the federal
reserve association, and such stock may be carried as a part of the bank's assets.
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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