To establish requirements for a reciprocating state bank holding company making an application to acquire or organize a North Dakota state or national bank and demonstrating how they will meet the credit needs for business expansion of the local community or trade area in which the bank and any facilities, stations, or banking houses are located.
N.D. Admin Code 13-02-12-01
General Authority: NDCC 6-01-04
Law Implemented: NDCC 6-08.3