North Dakota Code 21-04-03 – Funds of public corporations to be deposited in designated depository
Current as of: 2023 | Check for updates
|
Other versions
Public funds belonging to or in the custody of any public corporation must be deposited in the Bank of North Dakota or in financial institutions which have been duly designated as depositories in the manner prescribed in this chapter.
Terms Used In North Dakota Code 21-04-03
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.