N.D. Cent. Code § 6-03-62
This is the official text of N.D. Cent. Code § 6-03-62, 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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6-03-62. Interest on loans - Rate
Official statutory text
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.
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.
Status: in_force · Read it on the official government site
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