# Title 13 — Department of Financial Institutions

## Article 13-02 — Banking and Savings and Loan Associations

## Chapter 13-02-17 — Sale or Purchase of Associations, Banking Institutions, or Holding Companies

### § 13-02-17-01. Publication.

Upon filing a completed application the secretary of the board shall cause to be published notice of
application in the official newspaper of the county where the association, banking institution, or holding
company is principally located. The notice must specify the name of the association, banking institution,
or holding company, and the number of shares to be sold or purchased, or in any manner transferred,
and the number of total outstanding shares. The notice must also provide that written comments may
be submitted to the board, and the application may be requested or reviewed in the office of the
department. Any party must submit written comments concerning the application to the board no later
than ten days after the date of publication. The notice may be included with any notice for a similar
application submitted to the federal deposit insurance corporation or the federal reserve board.
History: Effective June 1, 1994.
General Authority: NDCC 6-01-04
Law Implemented: NDCC 6-08-08.1(2)
