North Dakota Statutes
§ 6-08-06 — Banks exempt from attachment and execution
Every banking association in this state is exempt from the legal process of attachment and
execution. If any bank fails, neglects, or refuses to pay any valid final judgment or decree that
may be rendered against it by any court of competent jurisdiction, not properly stayed by an
appeal bond within the time prescribed by statute or an order of court after rendition thereof, the
state banking board shall declare such bank insolvent or in failing circumstances and forthwith
shall cause a receiver to be appointed to wind up its affairs.
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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