N.D. Cent. Code § 6-01-04

Current through the 2023 Legislative Sessions
Section 6-01-04 - Powers and duties of the state banking board and state credit union board

The state banking board may adopt rules for the government of financial institutions and trust companies mentioned in section 6-01-01 to the extent the rules do not conflict with any law of this state or of the United States. The state banking board shall make and enforce such orders as are necessary or proper to protect the public and the depositors or creditors of those financial institutions and trust companies.

The same powers are given to the state credit union board with reference to credit unions as are granted to the state banking board with reference to financial institutions and trust companies named in this chapter.

N.D.C.C. § 6-01-04

Amended by S.L. 2013, ch. 77 (HB 1085),§ 3, eff. 8/1/2013.