N.D. Cent. Code § 4.1-61-03
This is the official text of N.D. Cent. Code § 4.1-61-03, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
4.1-61-03. Credit-sale contract indemnity fund - Suspension of assessment
Official statutory text
4.1-61-03. Credit-sale contract indemnity fund - Suspension of assessment
At the end of the calendar quarter in which the credit-sale contract indemnity fund reaches a
level of six million dollars, the commissioner shall suspend collection of the assessment
required by this chapter. If after suspension of collection the balance in the fund is less than
three million dollars, the commissioner shall require collection of the assessment.
At the end of the calendar quarter in which the credit-sale contract indemnity fund reaches a
level of six million dollars, the commissioner shall suspend collection of the assessment
required by this chapter. If after suspension of collection the balance in the fund is less than
three million dollars, the commissioner shall require collection of the assessment.
Status: in_force · Read it on the official government site
Need a lawyer in North Dakota?
Find a North Dakota lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.