Special rules - Financial institutions

Except as otherwise specifically provided, a financial institution whose business activity is taxable both within and without this state shall allocate and apportion its net income as provided in this chapter. The provisions of North Dakota Century Code chapter 57-38.1, including section 57-38.1-18, not inconsistent with this chapter, shall apply to the allocation and apportionment of the income of a financial institution. All items of nonbusiness income that are not includable in the apportionable income tax base must be allocated under North Dakota Century Code chapter 57-38.1.