North Dakota § 51-14-05 Penalty

North Dakota Statutes

§ 51-14-05 — Penalty

North Dakota § 51-14-05

Title 51Sales and Exchanges

Ch. 51-14Revolving Charge Accounts

This text of North Dakota § 51-14-05 (Penalty) 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 § 51-14-05 (2026).

Text

Any person who violates any provision of this chapter is guilty of a class A misdemeanor.
Any revolving charge account or any act in the making or collection of any revolving charge
account which violates the provisions of this chapter shall result in the forfeiture of all credit
service charges that have been paid or that may become due or payable thereunder, and in the
event that such violation is willful, the retail seller shall have no right to collect, receive, or retain
any principal, credit service charge, interest, or other charge whatsoever.

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Any person who violates any provision of this chapter is guilty of a class A misdemeanor.
Any revolving charge account or any act in the making or collection of any revolving charge
account which violates the provisions of this chapter shall result in the forfeiture of all credit
service charges that have been paid or that may become due or payable thereunder, and in the
event that such violation is willful, the retail seller shall have no right to collect, receive, or retain
any principal, credit service charge, interest, or other charge whatsoever.