The first document outlines the restrictions and requirements for distributors in the gaming industry in North Dakota. It prohibits licensed organizations, organizations with permits, and licensed manufacturers from acting as distributors. Distributors are required to have an office in North Dakota and are prohibited from offering incentives or inducements to licensed organizations or gaming locations. They are also prohibited from including discounts or incentives for non-gaming items or interfering with lessors’ relationships with organizations.

This document, part of the North Dakota Administrative Code, pertains to the Department of Financial Institutions and specifically addresses the Minimum Guidelines for Report of Examining Committee for Banking and Savings and Loan Associations. The document outlines the minimum procedures that examinations conducted by the board of directors, examining committee, auditors, or internal audit control system should include to comply with the report requirement of section 6-03-69. These procedures cover various aspects such as bank operations and asset accounts, loans and lease, security investments and trading accounts, liquidity capital accounts and income and expenses, trust department (if applicable), and bank subsidiaries (if applicable).

This document, part of the North Dakota Administrative Code, pertains to organizations involved in games of chance. It outlines the requirements for retaining purchase invoices, receipts, accounting and bank records, as well as receipts documenting eligible uses and solicitations for net proceeds. These records must be retained for three years from the end of the quarter in which the activity was reported on a tax return, unless otherwise provided by rule.

These Accounting Rules govern the financial aspects of games of chance in North Dakota. The rules specify various restrictions and requirements for organizations involved in games of chance. Some key provisions include: allowing organizations an expense limit for any purpose that complies with gaming laws and rules; prohibiting basing employee compensation on a percentage of proceeds; regulating payment and reimbursement for media advertising and sign advertising related to games at a site; allowing organizations to reduce a player’s cash prize by the amount of an uncollectible check; considering net cash short as an expense and net cash long as other income for a quarter; specifying accounting methods for unsold or defective tickets; requiring organizations to report theft of gaming funds to the attorney general; classifying income from renting gaming equipment as nongaming income; mandating completion and signing of accounting records with permanent ink; maintaining a register of individuals who sign records or reports; reporting fees and prizes for twenty-one tournaments as other income; valuing merchandise prizes and gift certificates at actual cost for tax purposes; requiring organizations to own or have access to prizes being offered; allowing conversion of ineligible merchandise prizes to cash or other merchandise prizes; requiring amendment of tax returns for unclaimed prizes; mandating verification of game serial numbers; specifying treatment of insurance fees and prizes for insured contingency prizes; regulating temporary release of site authorization; and requiring action plans for license revocation or non-renewal.

This legal document, found in the North Dakota Administrative Code under the State Gaming Commission’s Games of Chance Accounting Rules, pertains to the requirement of maintaining a prize register or similar document when issuing prizes to players in various games of chance. The document specifies the information that must be included in the prize register, such as the name of the site, game type, date of the session or event, winning ticket numbers, gaming stamp numbers, initials of employees involved, amount or description of the prize, full name and signature of the player (for bingo prizes exceeding $100), total amount of cash and cost of merchandise prizes awarded, and initials of the preparer.

The legal documents provided cover three different programs administered by the Bank of North Dakota. The College SAVE program establishes rules and regulations for higher education savings, including eligibility requirements, account establishment, contributions, distributions, and investment guidelines. The documents also govern the service fees associated with credit card payments accepted by executive branch agencies. The North Dakota ABLE plan provides tax-free savings accounts for individuals with disabilities, with the Bank of North Dakota responsible for administration and marketing.

This legal document outlines the acquisition procedure for associations in reciprocating states to establish or operate branch offices in Minnesota. It allows associations to acquire, merge, purchase, and assume assets or liabilities, consolidate, and acquire voting shares of savings and loan holding companies, savings associations, or savings banks located in Minnesota. The document specifies the requirements for filing an application, including the necessary attachments such as resolutions, examination reports, acquisition agreements, financial statements, and other relevant information.

Where a bank makes a direct investment in a certificate of deposit of another financial institution, such investment shall not exceed its legal lending limit as provided in Minnesota Statutes, section 48.24 ; however, this limitation shall apply only to that portion, if any, of the investment which is not insured by an agency of the United States. Statutory Authority: MS s 46.01 History: 9 SR 1689 Published Electronically: September 14, 2007

This provision governs the treatment of ‘other real estate’ acquired by associations through foreclosure or deed in lieu thereof. When an association acquires title to real estate, it must transfer it to an account called ‘other real estate’. The amount entered in this account cannot exceed the balance of the principal amount of the loan at the time of acquisition, plus foreclosure costs and delinquent taxes and assessments paid at the time of acquisition.

This document governs the treatment of Other Real Estate by credit unions. When real estate is acquired through foreclosure or by deed in lieu of foreclosure, it must be transferred to an account titled ‘Other Real Estate’ on the date of sheriff’s certificate or other conveyance. Costs of repairs and restoration may not be added to the real estate account unless they are for permanent improvements. Delinquent taxes may be added to the book value of the property.