North Dakota Statutes

§ 13-10-06 — Prelicensing and relicensing education of loan originators

North Dakota § 13-10-06
JurisdictionNorth Dakota
Title 13Debtor and Creditor Relationship
Ch. 13-10Mortgage Loan Originators

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.