North Dakota § 6-01-15 - Officers and employees to be disinterested
Full text of North Dakota North Dakota Century Code § 6-01-15 — Officers and employees to be disinterested, with citation guidance and answers to common questions.
§ 6-01-15. Officers and employees to be disinterested
1. No officer or employee of this department may have any interest, directly or indirectly, in any financial corporation or financial institution within the jurisdiction of the department of financial institutions, nor in any corporation or institution engaged wholly or in part in the writing or issuing of bonds of or for any such corporation or institution or any officer or employee thereof. Provided, however, this prohibition does not apply to membership in a state-chartered credit union or cooperative financial institution. 2. For purposes of this section, "interest" means ownership of or investment in such corporations or institutions.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 6-01-15
What does North Dakota Century Code § 6-01-15 cover?
Section 6-01-15 ("Officers and employees to be disinterested") is part of the North Dakota Century Code, the codified statutory law of North Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Dakota § 6-01-15?
A common citation format is "North Dakota Century Code § 6-01-15" (North Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Dakota official source linked on this page or consult a licensed North Dakota attorney.
How does North Dakota § 6-01-15 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Dakota.