North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 13-12-07: Surety bond required

Where this section sits in the code

Title 13 Debtor And Creditor Relationship
Chapter 13-12 Residential Mortgage Lenders

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 of any action on the bond, the licensee shall file a new bond.

Collected 2026-09-02T21:04:14Z. Source file · JSON

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