North Dakota Code § 6-05-03

Capital required
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The amount of capital of any such corporation may not be less than one million dollars, with 
no less than five hundred thousand dollars of that amount in liquid assets . The state banking 
board may require such additional capital, surplus, and undivided profits as it may determine 
necessary to properly serve the area and to protect the public interests. The state banking 
board shall take into consideration peer group ratios, or federal standards and guidelines, when 
determining whether any additional capital is required.

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