N.D. Admin. Code 13-03-14-01
1. "Branch", for the purpose of this chapter, means any credit union facility which is established apart from the principal office where credit union business is transacted, not including remote electronic facilities, such as automated teller facilities, point-of-sale terminals, etc.
2. "Closed charter" means a credit union charter issued to serve groups having a common bond of occupation or association.
3. "Geographical boundaries" means a geographical area that does not extend beyond a seventy-five-mile [120.70-kilometer] radius of the home office.
4. "Home office" means the location or place of business designated by the credit union as its home office which must be located in the credit union field of membership. Such a designation of a home office shall not expand a credit union's field of membership.
5. "Open charter" means a credit union charter issued to serve groups within a geographical boundary.
N.D. Admin Code 13-03-14-01
General Authority: NDCC 6-01-04
Law Implemented: NDCC 6-06-06, 6-06-07