Statutes, codes, and regulations
North Dakota Administrative Code
Title 13 - Department of Financial InstitutionsArticle 13-02 - Banking and Savings and Loan Associations
Chapter 13-02-06 - Establishment of Customer Electronic Funds Transfer Centers
Section 13-02-06-05 - Certified copy of directors' resolution required - Evidence of no impairment of capital required

N.D. Admin. Code 13-02-06-05

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Current through Supplement No. 394, October, 2024
Section 13-02-06-05 - Certified copy of directors' resolution required - Evidence of no impairment of capital required

In addition to the information required by section 13-02-06-04, the application shall be accompanied by a certified copy of the resolution by the bank's board of directors authorizing establishment of the proposed customer electronic funds transfer center and evidence showing that such establishment will not impair the bank's capital.

General Authority: NDCC 6-01-04, 6-03-02(8)

Law Implemented: NDCC 6-03-03(8)

N.D. Admin Code 13-02-06-05