N.D. Cent. Code § 13-04.1-04.1: Surety bond required
Where this section sits in the code
- Title 13 Debtor And Creditor Relationship
- Chapter 13-04.1 Money Brokers
1.Each licensee shall maintain a surety bond in an amount not less than fifty thousand dollars. The surety bond must be in a form prescribed by the commissioner.
2.When an action is commenced on a licensee's bond, the commissioner may require the filing of a new bond.
3.Immediately upon recovery upon any action on the bond, the licensee shall file a new bond.
Collected 2026-09-02T21:04:14Z. Source file · JSON