Presentment of plan of acquiring entity to the state department of financial institutions
N.D. Cent. Code § 6-08.2-02
in effect6-08.2-02. Presentment of plan of acquiring entity to the state department of financial
institutions.
Prior to any acquisition under this chapter, the acquiring entity must present a plan to the
state department of financial institutions. The plan must provide that the acquiring entity
commits itself to the condition that it capitalize each bank to be acquired in this state according
to the applicable banking laws of this state and the requirements of the federal deposit
insurance corporation or any applicable federal banking laws.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t06c08-2.pdf#nameddest=6-08p2-02Fetched: 10/16/2026
