North Dakota Statutes

§ 6-03-06 — Sale of real estate loans

North Dakota § 6-03-06
JurisdictionNorth Dakota
Title 6Banks and Banking
Ch. 6-03Powers, Management, and Operation of Banks

This text of North Dakota § 6-03-06 (Sale of real estate loans) 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 § 6-03-06 (2026).

Text

In selling or disposing of loans made upon real estate security, no association has power to guaranty the payment or collection thereof except as necessary to sell residential mortgage loans on the secondary market, and any such guaranty made in violation of this provision is not binding on the association but is upon the officer or other person making the same.

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Bluebook (online)
North Dakota § 6-03-06, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/6-03-06.