North Dakota Statutes

§ 6-03-53 — Borrowing and rediscounting - Report required

North Dakota·Title 6 Banks and Banking·Ch. 6-03 Powers, Management, and Operation of Banks
Whenever a state banking association borrows money or rediscounts with recourse such association shall immediately make a full written report of the transaction to the commissioner upon the commissioner's request, which report must include a full description of all collateral security given or to be given by such association for the credit obtained.

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