Issuance of certificates of deposit - Penalty

N.D. Cent. Code § 6-03-02.2
in effect
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6-03-02.2. Issuance of certificates of deposit - Penalty Certificates of deposit, as defined in section 41-03-04, may only be issued in this state by financial institutions authorized to issue certificates of deposit and chartered to do business in this state under this chapter or as authorized under section 6-06-06.1. Any person violating this section is subject to a civil penalty not to exceed five thousand dollars.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t06c03.pdf#nameddest=6-03-02p2Fetched: 10/16/2026

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