N.D. Admin Code 13-02-06-06 - Approval by commissioner required - Investigation

Before establishing a customer electronic funds transfer center that accepts deposits, the establishing bank must receive the approval of the commissioner. The commissioner's investigation upon an application to establish a customer electronic funds transfer center shall include a review of the applicant bank's capital structure.

Notes

N.D. Admin Code 13-02-06-06
Amended effective October 1, 1991; August 1, 1995.

General Authority: NDCC 6-01-04, 6-03-02(8)

Law Implemented: NDCC 6-03-02(8)

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