1. The industrial commission may adopt rules relating to the maximum rate of interest charged on the portion of the operating loan retained by a participating financial institution. 2. All participation interests purchased are subject to the review and approval of the Bank.
Participation loans by private financial institutions
N.D.C.C. § 6-09.9-04 — under Family Farm Survival Act.
N.D.C.C. § 6-09.9-04