HJ=House Journal; SJ=Senate Journal

Introduced by Industry, Business and Labor

(At the request of the Department of Financial Institutions)

AN ACT to create and enact section 6‑06‑14.1 of the North Dakota Century Code, relating to credit union loans; to amend and reenact subsection 3 of section 6‑01‑01.1, sections 6‑01‑04.3, 6‑01‑09, and 6‑01‑17, subsection 1 of section 6‑03‑05, sections 6‑03‑11, 6‑03‑13.3, and 6‑03‑15.1, subsection 1 of section 6‑03‑47.2, sections 6‑03‑49.1, 6‑05‑15.4, and 6‑06‑06, subsection 4 of section 6‑06‑08, and sections 6‑06‑11 and 6‑08‑08.1 of the North Dakota Century Code, relating to the regulatory fund, assessment of civil money penalties, appointment of receivers, supervision and examinations, assessments, real estate loans, bank mergers, bank branches, bank investments, trust branches, credit union powers, credit union board notice, and sale or purchase of banking institutions or holding companies; to repeal section 6‑06‑14 of the North Dakota Century Code, relating to credit union loans; to provide a penalty; and to declare an emergency.

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