6-08 General Provisions
Download pdf
Loading PDF...
<![CDATA[CHAPTER 6-08GENERAL PROVISIONS6-08-01. Banks to have official number. Each bank organized under the laws of thisstate must be numbered and shall receive from the secretary of state an official number, and the<br>secretary of state shall notify each bank of its official number and also shall file a list of banks and<br>their numbers with the commissioner.6-08-02. Oath of officers - Form and filing. Every active officer of any state bankingassociation or trust company organized under this title, before entering upon the duties of the<br>office, shall take and subscribe an oath that the officer will administer the affairs of the<br>association or trust company diligently and honestly, so far as the duty devolves upon the officer,<br>and that the officer will not violate knowingly, nor willingly permit to be violated, any of the<br>provisions of this title. All oaths must be presented to the board of directors and a synopsis<br>thereof recorded in the board's record and then filed with the board.6-08-03. Taxation of banks. Domestic banks must be taxed upon the same basis onlyas banks organized and existing under and by virtue of the laws of the United States of America,<br>it being the purpose, design, and intent of this section to place state banks in a position of parity<br>and equality with national banks in matters of taxation.6-08-04. Bank officer or employee paying overdrafts personally liable. Repealed byS.L. 1969, ch. 119, </p>
<BR></DIV><!-- /.col.one --><!-- /.col.two --></DIV><!-- /.col.main --></DIV><!-- /div id = content -->
<BR class=clear></DIV>
<!-- /div id = livearea -->
<DIV></DIV><!-- /.col.one -->
<DIV></DIV><!-- /.col.main -->
<DIV></DIV><!-- /#content --><BR class=clear>
<DIV></DIV><!-- /#livearea -->
<!-- Footer-->
<DIV id=footer>
<DIV class=container>
<P class=copyright>Copyright © 2012-2022 Laws9.Com All rights reserved. </P><!-- /.copyright -->
<P class=footerlinks><A
href="/contactus.html">Contact Us</A> | <A href="/aboutus.html">About Us</A> | <A
href="/terms.html">Terms</A> | <A
href="/privacy.html">Privacy</A></P><!-- /.footerlinks -->
</DIV><!-- /.container -->
</DIV><!-- /footer -->
</BODY></HTML>
]]>