§ 13-05-04 — Application requirements - Fee to accompany application for collection agency license

North Dakota § 13-05-04

• Jurisdiction: North Dakota
• Title 13: Debtor and Creditor Relationship
• Ch. 13-05: Collection Agencies

Text

agency license.
The application for a collection agency license must be in writing, under oath, and in the
form prescribed by the commissioner. The application must give the location where the business
is to be conducted and must contain any further information the commissioner requires,
including the names and addresses of the partners, officers, directors, trustees, and the
principal owners or members as will provide the basis for the investigation and findings
contemplated by section 13-05-03. At the time of making such application, the applicant shall
include payment in the sum of four hundred dollars, which is not subject to refund, as a fee for
investigating the application, and the sum of four hundred dollars for the annual license. In
addition, the applicant shall pay a fifty dollar annual fee for each branch location. Fees must be
deposited in the financial institutions regulatory fund.