{"data":{"id":"us-nd/n.d.-cent.-code-13-12-07","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 13-12-07","heading":"Surety bond required","body":"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.\n2.When an action is commenced on a licensee's bond, the commissioner may require the filing of a new bond.\n3.Immediately upon recovery of any action on the bond, the licensee shall file a new bond.","path":["Title 13 Debtor And Creditor Relationship","Chapter 13-12 Residential Mortgage Lenders"],"source_url":"https://ndlegis.gov/cencode/t13c12.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"2fd8b508f320e8a33230033a5c1a018e5dfe220e536a2f8323e793653392e96c","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-13-12-06","next":"us-nd/n.d.-cent.-code-13-12-08"},"notice":"GroundRules: Original legal text. Not legal advice."}