Statutes, codes, and regulations
North Dakota Century Code
Title 6 - BANKS AND BANKING
Chapter 6-03 - POWERS, MANAGEMENT, AND OPERATION OF BANKS
Section 6-03-47.4 - Bank investment in federal agricultural mortgage corporation stock

N.D. Cent. Code § 6-03-47.4

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Current through 2024 Legislative Session
Section 6-03-47.4 - Bank investment in federal agricultural mortgage corporation stock

Financial institutions under the jurisdiction of the state banking board may invest in stock and equity instruments of the federal agricultural mortgage corporation. The state banking board may adopt rules governing investments by North Dakota financial institutions in the stock and equity instruments of the federal agricultural mortgage corporation.

N.D.C.C. § 6-03-47.4