North Dakota Statutes

§ 6-10-04 — Agent must deposit funds as directed

North Dakota § 6-10-04
JurisdictionNorth Dakota
Title 6Banks and Banking
Ch. 6-10Agents for Deposits

This text of North Dakota § 6-10-04 (Agent must deposit funds as directed) 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 § 6-10-04 (2026).

Text

A licensee operating a business under the terms of this chapter may not loan any of the moneys given into the licensee's custody by any depositor for deposit in a bank, but shall promptly transfer said funds to the bank designated by the depositor, and each depositor has the right to designate the bank in which the depositor desires such moneys deposited.

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Bluebook (online)
North Dakota § 6-10-04, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/6-10-04.