N.D. Cent. Code § 10-30.6-10
10-30.6-10. Notes or obligations - Legal investments
10-30.6-10. Notes or obligations - Legal investments
Notwithstanding any other statute, the notes or other interest-bearing obligations of a state
development corporation, issued in accordance with this chapter and the articles of
incorporation and the bylaws of the corporation, are legal investments for any bank that
becomes a member of the corporation.