Laws and Rules

Medium

The following includes selected sections of the North Dakota Century Code and the North Dakota Administrative Code; along with recent State Banking Board and State Credit Union Board orders, authorizations, and opinions that are applicable to state-chartered banks, credit unions, and trust companies.

Medium

Administrative Code

North Dakota Administrative Code

Title	Topic
13	Department of Financial Institutions

State Banking Board Actions

State Banking Board Orders, Authorizations, and Opinions

Date	Topic
3/26/2015	Maintenance and operation of a postal substation
3/14/2014	Purchase of an employee residence to facilitate a transfer
10/22/2013	Approval of Reich & Tang Deposit Solution, LLC's Demand Deposit Marketplace program for use by North Dakota public corporations as a deposit placement service
11/10/2011	Legal lending limit parity exemption for loans secured by U. S. Government obligations
3/10/2011	Purchase and ownership of real property to provide lease financing of a public facility
3/10/2011	Investment in a banker's bank holding company
11/10/2010	Investment in residential real property for use of bank officers and employees
7/09/2009	Investment in the Valley Angel Investment Fund and NDSU Research Park Ventures, LLC
11/13/2008	Authority to offer tax preparation services, payroll services, and bookkeeping services
11/18/2004	Investment in the Mountain Plains Equity Fund I, LP
3/08/2001	Pledging of Bank of North Dakota Certificates of Deposit to public funds
12/02/1997	Authority to sell insurance through bank or a subsidiary
7/29/1997	Pledging assets to secure a letter of credit from the Bank of North Dakota

State Credit Union Board Actions

State Credit Union Board Orders, Authorizations, and Opinions

Date	Topic
6/05/2020	3rd Parity Order granting authority for state-chartered credit unions with a low income designation to engage in activities permitted for a federal credit union with the same designation
6/05/2020	Parity Order granting authority for state-chartered credit unions to accept payment on shares from public units and nonmembers to the same extent permitted for federal credit unions
3/06/2015	Establishment and funding of Charitable Donation Accounts
12/12/2013	Investment in a Credit Union Service Organization (CUSO) that provides shared branching services
12/07/2007	Receipt and possession of stock in Visa, Inc.

Title	Topic	Title	Topic
6	Banks and Banking	35	Liens
9	Contracts and Obligations	40	Municipal Government
10	Corporations	41	Uniform Commercial Code
13	Debtor and Creditor Relationship	43	Occupations and Professions
21	Governmental Finance	47	Property
22	Guaranty, Indemnity, and Suretyship	51	Sales and Exchanges
28	Judicial Procedure, Civil	57	Taxation
30.1	Uniform Probate Code	59	Trusts, Uses ,and Powers
32	Judicial Remedies