North Dakota Statutes
§ 13-07-03 — Consumer credit counseling service - Surety bond or other security
North Dakota·Title 13 Debtor and Creditor Relationship·Ch. 13-07 Consumer Credit Counseling Services
A consumer credit counseling service entering an agreement with a debtor who resides in
this state shall file with the attorney general a surety bond or other security in an amount equal
to the largest sum accrued in the service's trust account during the prior year, or five thousand
dollars, whichever is greater. The bond or other security must be payable to the state of North
Dakota and must be acceptable to the attorney general for the use and benefit of debtors
making payments to a consumer credit counseling service and suffering damages caused by
the consumer credit counseling service.
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