North Dakota Statutes
§ 13-10-06 — Prelicensing and relicensing education of loan originators
North Dakota § 13-10-06
This text of North Dakota § 13-10-06 (Prelicensing and relicensing education of loan originators) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.D. Cent. Code § 13-10-06 (2026).
Text
1.To meet the prelicensing education requirement referred to in subsection 4 of section
13-10-05, a person shall complete at least twenty hours of education approved in
accordance with subsection 2, which must include at least:
a.Three hours of federal law and regulations;
b.Three hours of ethics, which shall include instruction on fraud, consumer
protection, and fair lending issues; and
c.Two hours of training related to lending standards for the nontraditional mortgage
product marketplace.
2.For purposes of subsection 1, prelicensing education courses must be reviewed and
approved by the nationwide mortgage licensing system and registry based upon
reasonable standards. Review and approval of a prelicensing education course must
include review and approval of the course provider.
3.
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Bluebook (online)
North Dakota § 13-10-06, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/13-10-06.