BND will hold investments pledged as security for the repayment of public deposits. As part of this service, BND will assist with the execution of the Pledge Agreement that is required for designated public deposits.
North Dakota Century Code Section 21-04-09 directs BND to hold a pool of securities pledged to several pledgees. Pledge Pool Agreements with proper signature pages are provided by BND.
Change to Pledge Request (PDF)