North Dakota § 6-08-06 Banks exempt from attachment and execution

North Dakota Statutes

§ 6-08-06 — Banks exempt from attachment and execution

North Dakota § 6-08-06

Title 6Banks and Banking

Ch. 6-08General Provisions

This text of North Dakota § 6-08-06 (Banks exempt from attachment and execution) 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 § 6-08-06 (2026).

Text

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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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.