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