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19 chapters · 268 sections in this title.
N.D.C.C. § 13-07-01 Consumer credit counseling service - Definition
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As used in this chapter, "consumer credit counseling service" means a person whose agreements contemplate that a debtor will liquidate the debtor's debts by structured installments or that a creditor will reduce finance charges or fees for late payments, default, or delinquency.
N.D.C.C. § 13-07-02 Consumer credit counseling service - Contract requirements
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Any agreement between a consumer credit counseling service and a debtor for counseling and assistance must be in writing and signed by both parties. The consumer credit counseling service shall give the debtor a copy of the signed agreement. The agreement must disclose the total …
N.D.C.C. § 13-07-03 Consumer credit counseling service - Surety bond or other security
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A consumer credit counseling service entering an agreement with a debtor who resides in this state shall file with the attorney general a surety bond or other security in an amount equal to the largest sum accrued in the service's trust account during the prior year, or five thou…
N.D.C.C. § 13-07-04 Consumer credit counseling service - Trust accounts
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A consumer credit counseling service shall deposit in a trust account in a financial institution, within one business day of receipt, any payments received from or on behalf of a debtor. A debtor's payments must be identifiable in the trust account. Funds in the trust account may…
