ND SB2104

Amends section 6-01-17 to require state banking associations, banking institutions, the Bank of North Dakota, and out-of-state state bank branches to pay yearly assessments determined by the state banking board to fund bank regulation costs.

Clarifies that assessment fees must be paid to the department of financial institutions within 30 days of June 30th, and all fees and penalties must be deposited in the financial institutions regulatory fund.

Allows the state banking board to suspend functions of delinquent institutions or branches more than 20 days late on payments and authorizes the commissioner to assess a $5 daily penalty for delinquent assessment fees.

Amends section 13-04.1-11 to authorize the department of financial institutions to charge money brokers an hourly investigation fee set by the commissioner to cover reasonable expenses associated with investigations and examinations.

Takes effect June 1, 2011, and is declared an emergency measure; passed by Senate vote of 47-0 and House vote of 90-0.