N.D. Cent. Code § 6-09.7-02
This is the official text of N.D. Cent. Code § 6-09.7-02, 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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6-09.7-02. Powers and duties of the Bank of North Dakota
Official statutory text
6-09.7-02. Powers and duties of the Bank of North Dakota
The Bank of North Dakota may take, hold, and administer, on behalf of the state from any
source, any property, or any interest in the property, and the income therefrom, either absolutely
or in trust, for any purpose of the state guarantee loan program; provided, that no guarantee
obligation of the Bank is payable out of any moneys of the Bank except those made available to
the Bank under this chapter. The Bank shall establish the types of projects and ventures eligible
to be guaranteed under this chapter.
The Bank of North Dakota may take, hold, and administer, on behalf of the state from any
source, any property, or any interest in the property, and the income therefrom, either absolutely
or in trust, for any purpose of the state guarantee loan program; provided, that no guarantee
obligation of the Bank is payable out of any moneys of the Bank except those made available to
the Bank under this chapter. The Bank shall establish the types of projects and ventures eligible
to be guaranteed under this chapter.
Status: in_force · Read it on the official government site
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