North Dakota Repeal Depositor's Guaranty Fund Referendum (1930)
The North Dakota Repeal Depositor's Guaranty Fund Referendum was on the June 25, 1930 ballot in North Dakota as a legislatively-referred state statute, where it was approved. The measure repealed the Depositor's Guaranty Fund. Its purpose had been to encourage savings by insuring bank deposits and to entice out-of-state investors to deposit funds in North Dakota banks.
|North Dakota Referendum (1930)|
Election results via: Legislative Manual, Official vote of North Dakota Primary Election, 1930
Text of measure
The measure repealed the Depositor's Guaranty Fund. Its purpose had been to encourage savings by insuring bank deposits and to entice out-of-state investors to deposit funds in North Dakota banks.
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