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Referendum was on the June 25, 1930 ballot in North Dakota as a veto referendum, where it was approved.[1] The measure repealed the Depositor's Guaranty Fund.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.[2]
Election results
| North Dakota Referendum (1930) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 94,124 | 62.76% | ||
| No | 55,853 | 37.24% | ||
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The measure repealed the Depositor's Guaranty Fund.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.[2]
See also
- North Dakota 1930 ballot measures
- 1930 ballot measures
- List of North Dakota ballot measures
- History of Initiative & Referendum in North Dakota
External links
Footnotes
 |
 |
State of North Dakota Bismarck (capital) |
|---|---|
| Elections |
What's on my ballot? | Elections in 2025 | How to vote | How to run for office | Ballot measures |
| Government |
Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy |
