North Dakota Statutes
§ 6-06-05 — Use of credit union and corporate central credit union restricted - Forfeiture
North Dakota § 6-06-05
This text of North Dakota § 6-06-05 (Use of credit union and corporate central credit union restricted - Forfeiture) 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 § 6-06-05 (2026).
Text
It is unlawful for any person, association, copartnership, or corporation, domestic or foreign,
except corporations organized in accordance with the provisions of this chapter, to use the
words "credit union", "corporate central credit union", or "central credit union" in their name or
title, and any person, association, copartnership, or corporation violating this section shall forfeit
to the state one hundred dollars for every day, or part thereof, during which such violation
continues. The commissioner may recover such forfeited sums in a civil action and shall deposit
any sums recovered or collected with the state treasurer. Only one "corporate central credit
union" or "central credit union" may be organized under this chapter, and no other credit union
may use the term "corporate cent
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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 - ConfidentialCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 6-06-05, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/6-06-05.