North Dakota Statutes
§ 6-03-62 — Interest on loans - Rate
An association may demand and receive for loans on personal security, or for discounting
notes, bills, or other evidences of debt, such rate of interest as may be agreed upon, not
exceeding the amount authorized by law to be contracted for, and it may receive such interest
according to the ordinary usage of banking associations and for not more than one year in
advance.
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Nearby Sections
15
§ 6-01-01
Management and control - State department of financial institutions - Local ordinances preempted§ 6-01-01.1
Regulatory fund established - Uses - Continuing appropriation (Effective through June 30, 2029)§ 6-01-02
Definitions§ 6-01-04.2
Cease and desist orders§ 6-01-04.3
Assessment of civil money penalties§ 6-01-04.4
Prompt corrective action§ 6-01-04.5
Investigation of bank holding companies§ 6-01-06
Appointment of receivers§ 6-01-07.1
Records - Confidential