N.D. Admin. Code 13-02-13-03

Current through Supplement No. 394, October, 2024
Section 13-02-13-03 - Publication

Upon filing a completed application, the secretary of the board shall cause to be published notice of application for two successive weeks in the official newspaper of the county where the proposed consolidated or merged banking institutions are located including the locations of any paying and receiving stations, or banking houses or offices. The notice of application must also be sent by certified mail by the secretary of the board to all banks located within the trade area of the banking institutions proposed to be consolidated or merged. Within ten days of the final notice provided under this section, any bank or party may submit to the board written comments concerning the application or a written request for an opportunity to be heard before the board, or both. In the case where a failing banking institution is to be consolidated or merged, the board or commissioner may waive the notice of application requirements.

N.D. Admin Code 13-02-13-03

Effective October 1, 1991.

General Authority: NDCC 6-01-04, 6-03-11

Law Implemented: NDCC 6-03-11