North Dakota Statutes

§ 6-03-67 — Appropriation of deposits unlawful - Exception - Liability therefor

North Dakota·Title 6 Banks and Banking·Ch. 6-03 Powers, Management, and Operation of Banks
Except as provided in sections 6-07.2-09 and 30.1-31-20, it is unlawful for any banking association to charge any claim which it might have, or the claim of any other person, against a deposit made with the association, or to appropriate a deposit or any part of the deposit to the payment of any debt to the association, without legal process or the consent of the depositor. Any banking association that violates this section is liable to the party aggrieved for any damages caused by the violation.

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Related

Armstrong v. Dakota Bank & Trust Co., Bismark (In re Knudson)
929 F.2d 1280 (Eighth Circuit, 1991)
1 case citations

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