North Dakota Statutes
§ 6-03-42 — Capital notes or debentures included in capital - Retirement
The term "capital" as used in this title embraces the amount of outstanding capital notes and
debentures legally issued by any banking institution. The capital stock of a banking institution is
unimpaired when the amount of such capital notes and debentures as represented by sound
assets exceeds the impairment as found by the commissioner. The commissioner must approve
of any retirement of any capital notes or debentures and may require the bank to issue some
other form of capital before retiring the capital notes or debentures.
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15
§ 6-01-01
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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
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Appointment of receivers§ 6-01-07.1
Records - Confidential