Statutes, codes, and regulations
North Dakota Century Code
Title 6 - BANKS AND BANKING
Chapter 6-03 - POWERS, MANAGEMENT, AND OPERATION OF BANKS
Section 6-03-49 - Federal housing administrator - Insured bonds and notes - Debentures -Security for deposits

N.D. Cent. Code § 6-03-49

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Current through 2023 Legislative Sessions
Section 6-03-49 - Federal housing administrator - Insured bonds and notes - Debentures -Security for deposits

Notes and bonds insured and debentures issued by the federal housing administrator are eligible as collateral to secure the deposit of public or other funds, as deposits with any public official or department, and for investment of capital, surplus, reserve, or other funds where such investment is limited to designated securities.

N.D.C.C. § 6-03-49