North Dakota Statutes
§ 6-06-40 — Share insurance exception
A central credit union with corporate shareholdings equal to or in excess of seventy-five
percent of its total assets may by vote of its board of directors elect exemption of insurance of
share and deposit accounts under provisions of title II of the Federal Credit Union Act.
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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