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North Dakota Century Code Title 6. Banks and Banking § 6-09.15-05. Rules

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

Notwithstanding any provision of this chapter, the Bank of North Dakota shall adopt rules to implement this chapter. The rules may include a formula for determining the ratio of reserves in the loan guarantee fund to the amount of guaranteed loans, the maximum dollar amount of a guarantee, and the maximum allowable annual interest rate on a loan eligible for a guarantee.

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Cite this article: FindLaw.com - North Dakota Century Code Title 6. Banks and Banking § 6-09.15-05. Rules - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-6-banks-and-banking/nd-cent-code-sect-6-09-15-05/

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