1.    No consent or waiver shall be required as a condition of doing business with any financial institution, and any consent or waiver obtained from a customer as a condition of doing business with a financial institution shall not be deemed a consent of the customer for the purpose of this chapter.

Terms Used In North Dakota Code 6-08.1-04

  • Financial institution: means any bank, industrial loan company, or savings and loan association organized under the laws of this state or of the United States. See North Dakota Code 6-01-02
  • following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49

2.    A valid consent must be in writing and signed by the customer. In consenting to disclosure of customer information, a customer may specify any of the following:

a.    The time during which such consent will operate.

b.    The customer information to be disclosed.

c.    The persons, governmental agencies, or law enforcement agencies to which disclosure may be made.

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