North Dakota Statutes

§ 6-03-58 — Unlawful rediscounts, borrowings, and pledgings

North Dakota § 6-03-58
JurisdictionNorth Dakota
Title 6Banks and Banking
Ch. 6-03Powers, Management, and Operation of Banks

This text of North Dakota § 6-03-58 (Unlawful rediscounts, borrowings, and pledgings) 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 § 6-03-58 (2026).

Text

It is unlawful for any state banking association, either directly or indirectly, to make any rediscount or contract to borrow money, nor may it borrow money, nor pledge or hypothecate, nor contract to pledge or hypothecate, any of its assets except in accordance with the provisions of this chapter.

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Bluebook (online)
North Dakota § 6-03-58, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/6-03-58.