Statutes, codes, and regulations
North Dakota Century Code
Title 6 - BANKS AND BANKING
Chapter 6-03 - POWERS, MANAGEMENT, AND OPERATION OF BANKS
Section 6-03-37.1 - Bank loans of excess reserves

N.D. Cent. Code § 6-03-37.1

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Current through 2024 Legislative Session
Section 6-03-37.1 - Bank loans of excess reserves

Obligations representing loans from one business day to the next to any state-chartered bank or national banking association of excess reserve balances from time to time maintained under the provisions of section 6-03-37, as amended, may not be deemed loans or additions to any loans for the purposes of section 6-03-59.

N.D.C.C. § 6-03-37.1