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