North Dakota Code 6-08-34 – Documenting customer identity
Current as of: 2023 | Check for updates
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Notwithstanding any other provision of law, a financial institution, trust company, or credit union may make and retain a copy of any motor vehicle operator’s license, permit, or nondriver’s photo identification card used in connection with the process of verifying the identity of a customer or potential customer.
Terms Used In North Dakota Code 6-08-34
- Credit union: means a cooperative, nonprofit association organized for the purposes of encouraging thrift among its members, creating a source of credit at a fair and reasonable rate of interest, and providing an opportunity for its members to improve their economic and social condition. See North Dakota Code 6-01-02
- 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
- Process: means a writ or summons issued in the course of judicial proceedings. See North Dakota Code 1-01-49
- Trust company: means any corporation formed for the purpose of transacting business as an annuity, safe deposit, surety, or trust company. See North Dakota Code 6-01-02