6-08.3 Reciprocal Interstate Banking
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<![CDATA[CHAPTER 6-08.3RECIPROCAL INTERSTATE BANKING6-08.3-01. Definitions. In this chapter, unless the context otherwise requires:1."Adequately capitalized" means a level of capitalization that meets or exceeds all<br>applicable federal regulatory capital standards.2."Board" means the state banking board.3."Commissioner" means the commissioner of financial institutions.4."Default" means default as defined in section 3 of the Federal Deposit Insurance Act<br>[12 U.S.C. 1813].5."Deposit" means deposit as defined in section 3 of the Federal Deposit Insurance<br>Act [12 U.S.C. 1813].6."Depository institution" means depository institution as defined in section 3 of the<br>Federal Deposit Insurance Act [12 U.S.C. 1813].7."Depository institution holding company" means depository institution holding<br>company as defined in section 3 of the Federal Deposit Insurance Act [12 U.S.C.<br>1813].8."Federal reserve" means the board of governors of the federal reserve system or<br>any successor thereto.9."In danger of default" means in danger of default as defined in section 3 of the<br>Federal Deposit Insurance Act [12 U.S.C. 1813].10."North Dakota deposits" means all deposits held at branches or offices located in<br>this state of all depository institutions, based upon the public reports most recently<br>filed with the appropriate regulatory agency.6-08.3-02. Application to acquire a bank or bank holding company. Repealed byS.L. 1995, ch. 79, </p>
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