Authority of state banks to establish interstate branches
N.D. Cent. Code § 6-08.4-03
in effect6-08.4-03. Authority of state banks to establish interstate branches
Notwithstanding section 6-08.4-02, a North Dakota state-chartered bank, with approval of
the commissioner or board, may establish, acquire, retain, and operate one or more branches in
a state other than this state. An application must be filed with the commissioner or board at the
time an application is filed with the responsible federal regulatory authority. The North Dakota
state-chartered bank must also comply with section 6-03-11 or 6-03-13.3, as applicable. The
commissioner or board may approve the transaction if the commissioner or board finds that:
1. The proposed transaction will not be detrimental to the safety and soundness of the
North Dakota state-chartered bank;
2. Any new officers and directors are qualified, and possess appropriate experience and
financial responsibility; and
3. The proposed transaction is consistent with the convenience and needs of the
communities to be served by the bank in this state and is otherwise in the public
interest.
If the commissioner's decision with respect to an application is unfavorable, the applicant bank
may appeal the decision to the board by filing a notice of appeal with the commissioner within
twenty days after the commissioner has notified the applicant bank of the decision.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t06c08-4.pdf#nameddest=6-08p4-03Fetched: 10/16/2026