§ 6-09-35 — Confidentiality of Bank records - Exempt records

North Dakota § 6-09-35

• Jurisdiction: North Dakota
• Title 6: Banks and Banking
• Ch. 6-09: The Bank of North Dakota

Text

1. The following records of the Bank of North Dakota are confidential:
a. Commercial or financial information of a customer, whether obtained directly or
indirectly, except for routine credit inquiries or unless required by due legal
process. As used in this subsection, "customer" means any person who has
transacted or is transacting business with, or has used or is using the services of,
the Bank of North Dakota, or for whom the Bank of North Dakota has acted as a
fiduciary with respect to trust property.
b. Internal or interagency memorandums or letters which would not be available by
law to a party other than in litigation with the Bank.
c. Information contained in or related to examination, operating, or condition reports
prepared by, on behalf of, or for the use of a state or federal agency responsible
for the regulation or supervision of any Bank activity.
d. Information obtained from the state department of financial institutions which
would not be available from that agency under section 6-01-07.1.
e. The report by a Bank officer or member of the Bank's advisory board of directors
concerning personal financial statements.
2. The following records of the Bank of North Dakota are exempt:
a. Bond insurance coverage, including excess bond insurance coverage.
b. Cyber liability coverage, including excess cyber liability coverage.