6-01-01. Management and control - State department of financial institutions - Local ordinances preempted

6-01-01. Management and control - State department of financial institutions - Local

ordinances preempted.

The state department of financial institutions is under the supervision of the state banking

board, state credit union board, and a chief officer designated as the commissioner of financial

institutions. The state department of financial institutions has charge of the execution of all laws

relating to state banks, trust companies, credit unions, building and loan associations, mutual

investment corporations, mutual savings corporations, banking institutions, and other financial

corporations, exclusive of the Bank of North Dakota. A local governing body may not adopt or

enforce a resolution or an ordinance regulating a financial institution, financial corporation, or

credit union.