N.D. Cent. Code § 13-09.1-07
13-09.1-07. Networked supervision
13-09.1-07. Networked supervision
1. To efficiently and effectively administer and enforce this chapter and to minimize
regulatory burden, the commissioner may participate in multistate supervisory
processes established between states and coordinated through the conference of
state bank supervisors, money transmitter regulators association, and affiliates and
successors for all licensees that hold licenses in this state and other states. As a
participant in multistate supervision, the commissioner will:
a. Cooperate, coordinate, and share information with other state and federal
regulators in accordance with section 13-09.1-05;
b. Enter into written cooperation, coordination, or information-sharing contracts or
agreements with organizations the membership of which is made up of state or
federal governmental agencies; and
c. Cooperate, coordinate, and share information with organizations the membership
of which is made up of state or federal governmental agencies, provided that the
organizations agree in writing to maintain the confidentiality and security of the
shared information in accordance with section 13-09.1-05.
2. The commissioner may not waive, and nothing in this section constitutes a waiver of,
the commissioner's authority to conduct an examination or investigation or otherwise
take independent action authorized by this chapter or a rule adopted or order issued
under this chapter to enforce compliance with applicable state or federal law.
3. A joint examination or investigation, or acceptance of an examination or investigation
report, does not waive an examination assessment provided for in this chapter.