Each banking association has the same power to indemnify as provided for business corporations in section 10-19.1-91.

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Terms Used In North Dakota Code 6-03-02.1

  • Banking: means the business of receiving deposits, making loans, discounting commercial paper, issuing drafts, traveler's checks, and similar instruments, handling and making collections, cashing checks and drafts, and buying and selling exchange. See North Dakota Code 6-01-02