North Dakota Statutes

§ 6-10-03 — Limit on license

North Dakota·Title 6 Banks and Banking·Ch. 6-10 Agents for Deposits
No license may be granted for the purpose of conducting such business in any city wherein there already is operating a state or national bank or an authorized separate facility. In the event that a national or state bank or an authorized separate facility is authorized to do, and does commence doing business in any city where a license has been granted to operate a business under this section, such license may not thereafter be renewed.

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