13-02-09-01

N.D. Admin. Code § 13-02-09-01

Purpose

Effective Sep 1, 1986General Authority: NDCC 6-01-04; Law Implemented: NDCC 6-03-59Department of Financial Institutions

13-02-09-01. Purpose.

This chapter is intended to safeguard the depositors of state banking associations by requiring the diversification of loan portfolios and repayment sources.

History: Effective September 1, 1986.

General Authority: NDCC 6-01-04

Law Implemented: NDCC 6-03-59