# N.D. Cent. Code § 6-01-04.2: 6-01-04.2. Cease and desist orders

> North Dakota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_ND_T6_C6-01_S6-01-04.2

## Section

- **Citation:** N.D. Cent. Code § 6-01-04.2
- **Heading:** 6-01-04.2. Cease and desist orders
- **Jurisdiction:** North Dakota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** ND Code / Title 6 / Chapter 6-01 / Section 6-01-04.2

## Text

6-01-04.2. Cease and desist orders

1. The department of financial institutions or the board may issue and serve upon a

financial corporation, financial institution, or credit union subject to its jurisdiction a

complaint stating the factual basis for the department's or board's belief that the

financial corporation, financial institution, or credit union is engaging in any of the

following conduct:

a. An unsafe or unsound practice.

b. A violation in the past or on a continuing basis of any law, regulation, order, or

written agreement entered into with the board or department of financial

institutions.

2. The complaint must contain a notice of opportunity for hearing pursuant to chapter

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_ND_T6_C6-01_S6-01-04.2. Check the current official text before relying on it. Not legal advice.