North Dakota Statutes

§ 6-03-62 — Interest on loans - Rate

North Dakota § 6-03-62
JurisdictionNorth Dakota
Title 6Banks and Banking
Ch. 6-03Powers, Management, and Operation of Banks

This text of North Dakota § 6-03-62 (Interest on loans - Rate) 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 § 6-03-62 (2026).

Text

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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Bluebook (online)
North Dakota § 6-03-62, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/6-03-62.