N.D. Cent. Code § 6-09.15-05
Current through the 2023 Legislative Sessions
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.
N.D.C.C. § 6-09.15-05