Application to acquire a state-chartered or national bank
N.D. Cent. Code § 6-08.3-02.1
in effect6-08.3-02.1. Application to acquire a state-chartered or national bank
An out-of-state bank holding company may acquire a North Dakota state-chartered or
national bank pursuant to the approval process applicable for in-state acquisitions and under the
conditions of this chapter. An out-of-state bank holding company shall provide notice to the
board at the time an application or notice is filed with the applicable federal regulatory agency to
acquire a North Dakota bank. Notwithstanding any provision to the contrary in this title, an
out-of-state bank holding company that owned a depository institution as defined in section
6-08.3-01, the main office of which was located in this state on January 1, 1997, may reorganize
that depository institution's North Dakota operations as a newly chartered state or national bank
in this state.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t06c08-3.pdf#nameddest=6-08p3-02p1Fetched: 10/16/2026