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

Current through Supplement No. 394, October, 2024
Section 13-02-13-05 - Hearing

A public hearing by the board may be required on applications to merge or consolidate whenever the board or commissioner determines that it is in the public interest to hold such a hearing or whenever a bank or party's request for an opportunity to be heard is granted. Notice of hearing on an application will, if required, be issued at least thirty days prior to the hearing on the application. The notice of hearing must be published by the secretary of the board 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 hearing 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.

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

Effective October 1, 1991.

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

Law Implemented: NDCC 6-03-11