A.J. S. Dhaliwal, Mehul N. Madia, and Beineng Zhang of SheppardMullin write: On April 11, North Dakota enacted HB 1127, overhauling its regulatory framework for financial institutions and nonbank financial service providers. The law amends multiple chapters of the North Dakota Century Code and creates a new data security mandate for financial corporations—a category that includes non-depository entities regulated…
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