N.D. Admin. Code 13-03-19-05

Current through Supplement No. 394, October, 2024

Section 13-03-19-05 - Limitations

A credit union's investment in purchased leases from a single leasing company or affiliated leasing companies shall not exceed ten percent of the net worth of the credit union.

N.D. Admin Code 13-03-19-05

Effective January 1, 2007.

General Authority: NDCC 6-01-04

Law Implemented: NDCC 6-06-06