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N.D. Cent. Code ch. 6-09 – The Bank of North Dakota | Midpage
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North Dakota Century Code
Title 6
Chapter 6-09
N.D. Cent. Code ch. 6-09
The Bank of North Dakota
6-09-01
Purpose and establishment of Bank of North Dakota
6-09-02
Industrial commission to operate Bank - Business of Bank
6-09-02.1
Declaration and finding of public purpose - Bank of North Dakota advisory board of directors
6-09-02.2
Authority of the advisory board of directors to the Bank of North Dakota
6-09-03
Industrial commission may acquire property by purchase or eminent domain - Investment in banking house and furnishings
6-09-04
Commission to employ president and employees - Compensation, operation, and maintenance expenditures limited to appropriations, revenue, or capital
6-09-05
Removal and discharge of appointees
6-09-06
Capital of Bank
6-09-07
State funds must be deposited in Bank of North Dakota - Income of the Bank
6-09-08
Nonliability of officers and sureties after deposit
6-09-09
Deposits may be received from any source - Deposits to credit in other banks
6-09-10
Guaranty of deposits - Exemption from all taxation
6-09-11
Bank a clearinghouse
6-09-12
Interest rates fixed by commission - Time deposits - Limitations - Charges for services
6-09-13
Collection items must be paid to Bank of North Dakota at par - Violation a misdemeanor
6-09-14
Bank of North Dakota may deposit in any bank
6-09-15
Powers
6-09-15.1
Loans to general fund authorized - Continuing appropriation - Report
6-09-15.2
Bank may invest in certain government sponsored stocks - Limit
6-09-15.3
Bank stock loans - Requirements
6-09-15.4
Participations in loans to small business concerns - Direct loans to nonprofit corporations
6-09-15.5
Bank loans to beginning farmers - Revolving loan fund - Requirements
6-09-15.6
Bank of North Dakota purchase of export trading company stock - Limitation
6-09-15.7
Bank may invest in a public venture capital corporation
6-09-15.8
Bank of North Dakota may make loans for improvement of facilities under the control of the parks and recreation department
6-09-15.9
Limitations on loans by the Bank of North Dakota - Disclosure of interests in certain loans
6-09-16
Funds transferred to state departments - How credited by state treasurer
6-09-17
Office of management and budget to issue warrants against transferred funds
6-09-18
Real estate loans - Application - Appraisal - Action on loans
6-09-19
Conditions of real estate mortgage - Extension of payments
6-09-20
Mortgage and note payable to manager of Bank - Recitals - Recording - Satisfaction and discharge
6-09-21
Sale and assignment of note and mortgage - Extension of payments limited
6-09-22
Assignment of note and mortgage to state treasurer - Payments - Satisfactions
6-09-23
Partial release and satisfaction of mortgages assigned to state treasurer
6-09-24
Partial payments - Sale and assignment of mortgages assigned to state treasurer
6-09-25
State treasurer may lease lands acquired through foreclosure of Bank mortgages - Oil and gas leases
6-09-26
Name in which business conducted and titles taken - Execution of instruments
6-09-26.1
Execution of instruments
6-09-27
Civil actions on Bank transactions - Name of parties - Service - Venue
6-09-28
Surety on appeal, attachment, claim and delivery, and other cases in which undertaking required, not required of Bank of North Dakota
6-09-29
Examinations and audit reports
6-09-30
Repayment of moneys appropriated for Bank to state
6-09-31
Sale of land held by state treasurer as trustee for state
6-09-32
Bank may adopt rules governing sales
6-09-33
Bank of North Dakota to administer assets of rural rehabilitation corporation
6-09-34
Electronic fund transfer systems
6-09-35
Confidentiality of Bank records - Exempt records
6-09-36
Bank of North Dakota - Custodian of securities
6-09-37
Sale and leasing of acquired agricultural real estate
6-09-38
North Dakota higher education savings plan - Administration - Rules - Continuing appropriation
6-09-38.1
North Dakota achieving a better life experience plan - Administration - Rules - Continuing appropriation
6-09-39
Truckdriver training programs - Loans to students
6-09-40
Reimbursement of Bank losses
6-09-41
Livestock loan guarantee program - Establishment - Rules
6-09-42
Health information technology loan fund - Appropriation
6-09-43
Health information technology planning loan fund - Appropriation
6-09-44
Residential mortgages
6-09-45
Required transfer - Special education contract costs
6-09-46
Rebuilders loan program - Loan fund - Continuing appropriation - Requirements
6-09-46.1
Rebuilders home loan program - Rebuilders home loan fund - Continuing appropriation - Requirements
6-09-46.2
Rebuilders loan program - Rebuilders permanent loan fund - Continuing appropriation
6-09-47
Medical facility infrastructure loan fund - Medical facility infrastructure loan program - Rural health loan program - Medical facility emergency operating loan program - Continuing appropriation - Audit and costs of administration (Effective through June 30, 2027)
6-09-47.1
Long-term care facility infrastructure loan program
6-09-48
Funds received in relation to federal student loan program - Administration - Continuing appropriation
6-09-49
Infrastructure revolving loan fund - Continuing appropriation
6-09-49.1
Legacy infrastructure loan fund - Continuing appropriation
6-09-49.2
Water infrastructure revolving loan fund - State water commission - Continuing appropriation
6-09-49.3
Rail revolving loan fund - Continuing appropriation
6-09-50
North Dakota financial center - Lease rates - Payments in lieu of taxes (Contingent effective date - See note)
6-09-51
Dynamic fiscal impact analysis
6-09-52
Bulk propane storage tank revolving loan fund - Continuing appropriation - Audit and costs of administration
6-09-53
Economic diversification research fund - Report to legislative management
6-09-54
Extraordinary medical needs housing loan fund - Continuing appropriation