North Dakota Statutes

§ 6-03-48 — Investment in notes or bonds secured by insured mortgage - Debentures of federal housing administrator authorized

North Dakota § 6-03-48
JurisdictionNorth Dakota
Title 6Banks and Banking
Ch. 6-03Powers, Management, and Operation of Banks

This text of North Dakota § 6-03-48 (Investment in notes or bonds secured by insured mortgage - Debentures of federal housing administrator authorized) 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 § 6-03-48 (2026).

Text

federal housing administrator authorized. Banks, savings banks, trust companies, savings and loan associations, executors, administrators, guardians, trustees, and other fiduciaries, the state of North Dakota and its political subdivisions, institutions, and agencies thereof, and all other persons, associations, and corporations subject to the laws of this state may invest the funds and moneys in their custody or possession eligible for investment in notes or bonds secured by mortgage or deed of trust insured by the federal housing administrator, in debentures issued by the federal housing administrator, and in securities issued by national mortgage associations.

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Bluebook (online)
North Dakota § 6-03-48, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/6-03-48.