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

N.D. Cent. Code § 6-09.15-05: Rules

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Title 6 Banks And Banking
Chapter 6-09.15 Beginning Entrepreneur Loan Guarantee Program

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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