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Whenever any bank is closed as insolvent, either by the voluntary action of the officers of said bank or by the action of the state banking board, the commissioner shall certify such fact to the attorney general together with a concise statement showing the time of insolvency, the name of the receiver in charge, the amount of the receiver's bond, the designation of the surety thereon, and such other information as the commissioner believes will be of importance to the attorney general.
Cite this article: FindLaw.com - North Dakota Century Code Title 6. Banks and Banking § 6-07-12. Commissioner to notify attorney general of insolvencies - last updated January 01, 2020 | https://codes.findlaw.com/nd/title-6-banks-and-banking/nd-cent-code-sect-6-07-12/
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