Banks, trust companies, the Bank of North Dakota, building and loan associations,
insurance companies, and other organizations in this state whose mortgage lending
is regulated by law, or that are duly qualified federal housing administration mortgagees,
are authorized to make, buy, or sell any loan, advances of credit, and obligations
representing loans and advances of credit that are insured or guaranteed, or where
there is a commitment to insure or guarantee, in part or in full, or conditionally,
by the United States, its instrumentalities, this state, or its instrumentalities.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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