Reports and examinations of institutions by federal deposit insurance corporation, other state supervisors, or federal reserve system
N.D. Cent. Code § 6-01-18
in effect6-01-18. Reports and examinations of institutions by federal deposit insurance
corporation, other state supervisors, or federal reserve system.
The commissioner may accept, in lieu of any examination authorized or required by this title
to be conducted by the department of any banking institution, the examination that may have
been made of the institution within a reasonable period by the federal deposit insurance
corporation, any other state supervisor, or the federal reserve system, if a copy of the
examination is furnished to the commissioner. The commissioner also may accept any report
relative to the condition of any banking institution which may have been obtained by that
corporation or system within a reasonable period in lieu of any similar report that the
commissioner is authorized by this title to require of the institution, if a copy of the report is
furnished to the commissioner. The commissioner may furnish to the corporation or system, or
to any official or examiner, a copy or copies of any or all examinations made of any banking
institutions and of any or all reports made by them, and may give access to and disclose to the
corporation or system, or any official or examiner, any and all information possessed by the
office of the commissioner with reference to the conditions or affairs of any institution insured
with the federal deposit insurance corporation. This section does not limit the duty of any
banking institution in this state, the deposits of which are to any extent insured under the
provisions of the federal Act creating the federal deposit insurance corporation, or of any
amendment of or substitution for that Act, to comply with the provisions of that Act, its
amendments or substitutions, or the requirements of the corporation relative to examinations
and reports, nor limit the powers of the commissioner with reference to examinations and
reports under this title.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t06c01.pdf#nameddest=6-01-18Fetched: 10/16/2026