Statutes, codes, and regulations
North Dakota Administrative Code
Title 13 - Department of Financial InstitutionsArticle 13-05 - Money Brokers
Chapter 13-05-01 - Money Brokers
Section 13-05-01-09 - Notice to borrower regarding regulation by the department of financial institutions

N.D. Admin. Code 13-05-01-09

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Current through Supplement No. 394, October, 2024
Section 13-05-01-09 - Notice to borrower regarding regulation by the department of financial institutions

The written contract as provided in section 13-05-01-03 of these regulations must contain the following notice in capital letters: NOTICE: MONEY BROKERS ARE LICENSED AND REGULATED BY THE DEPARTMENT OF FINANCIAL INSTITUTIONS, 2000 SCHAFER STREET, SUITE G, BISMARCK, NORTH DAKOTA 58501-1204. THE DEPARTMENT OF FINANCIAL INSTITUTIONS HAS NOT PASSED ON THE MERITS OF THE CONTRACT AND LICENSING DOES NOT CONSTITUTE AN APPROVAL OF THE TERMS OR OF THE BROKER'S ABILITY TO ARRANGE ANY LOAN. COMPLAINTS REGARDING THE SERVICES OF MONEY BROKERS SHOULD BE DIRECTED TO THE DEPARTMENT OF FINANCIAL INSTITUTIONS.

N.D. Admin Code 13-05-01-09

Effective February 1, 1984; amended effective December 1, 1995; November 1, 1997; June 1, 2002.

General Authority: NDCC 13-04.1-01

Law Implemented: NDCC 13-04.1-06