N.D. Cent. Code § 6-03-06
This is the official text of N.D. Cent. Code § 6-03-06, 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.
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6-03-06. Sale of real estate loans
Official statutory text
6-03-06. Sale of real estate loans
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.
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.
Status: in_force · Read it on the official government site
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