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North Dakota Century Code Title 13. Debtor and Creditor Relationship § 13-01.1-03. Interest must compound

Current as of January 01, 2024 | Updated by Findlaw Staff

Any interest which remains unpaid at the end of any forty-five-day period or which remains unpaid at the end of any specified period provided by contract must be added to the principal amount of the debt and must thereafter accumulate interest.

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Cite this article: FindLaw.com - North Dakota Century Code Title 13. Debtor and Creditor Relationship § 13-01.1-03. Interest must compound - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-13-debtor-and-creditor-relationship/nd-cent-code-sect-13-01-1-03/

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