North Dakota Statutes

§ 6-06-33 — Liquidation by the commissioner

North Dakota § 6-06-33
JurisdictionNorth Dakota
Title 6Banks and Banking
Ch. 6-06Credit Unions

This text of North Dakota § 6-06-33 (Liquidation by the commissioner) 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 § 6-06-33 (2026).

Text

If the commissioner finds that a credit union is insolvent when the commissioner receives notice of its intention to dissolve, or if a credit union in the process of voluntary dissolution is not liquidated completely and its assets distributed within three years after the special meeting at which the dissolution was voted, the commissioner shall take possession of the books, records, and assets of the union and proceed to complete the liquidation in the manner provided in this title for the liquidation of closed banks.

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Bluebook (online)
North Dakota § 6-06-33, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/6-06-33.