Statutes, codes, and regulations
North Dakota Administrative Code
Title 13 - Department of Financial InstitutionsArticle 13-03 - Credit Unions
Chapter 13-03-04 - Investment in an Office Building, Furniture, and Fixtures - Application to the State Credit Union Board
Section 13-03-04-04 - Information required to accompany application

N.D. Admin. Code 13-03-04-04

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Current through Supplement No. 394, October, 2024
Section 13-03-04-04 - Information required to accompany application

The following information must accompany the application:

1. A blueprint or floor plan, stating type of construction, location, and information about security provisions (vaults, safes, files, alarms), if any.
2. A balance sheet for the month ending immediately preceding the application.
3. A year-end operating statement for each of the past five years, if operating that long.
4. A schedule stating the amount of delinquent loans, and the required reserves, as of the application date.
5. A schedule stating the number and amount of loans charged off, and the amount recovered for the past five years, if operating that long.

General Authority: NDCC 6-01-04, 6-06-06

Law Implemented: NDCC 6-06-06

N.D. Admin Code 13-03-04-04