N.D. Cent. Code § 6-09.15-04: Termination
Where this section sits in the code
- Title 6 Banks And Banking
- Chapter 6-09.15 Beginning Entrepreneur Loan Guarantee Program
The Bank of North Dakota may terminate a loan guarantee upon the sale, exchange, assignment, or transfer of the beginning entrepreneur's interest in the qualified revenue-producing enterprise. The Bank shall terminate a loan guarantee if the Bank determines that the loan guarantee was obtained by fraud or material misrepresentation of which the lender or seller has actual knowledge.
Collected 2026-09-02T21:04:14Z. Source file · JSON