Home/North Dakota/Statutes/Title 4.1: Agriculture/Ch. 4.1-61: Credit-Sale Contract Indemnity/§ 4.1-61-06
North Dakota Statutes

§ 4.1-61-06 — Credit-sale contract indemnity fund - Reimbursement limit

North Dakota·Title 4.1 Agriculture·Ch. 4.1-61 Credit-Sale Contract Indemnity
The amount payable to an eligible person from the credit-sale contract indemnity fund for each insolvency may not exceed the lesser of eighty percent of the amount owed to that eligible person in accordance with all of that person's unsatisfied credit-sale contracts or two hundred eighty thousand dollars.

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