™Your Policy Risk Impact Agent
19 chapters · 268 sections in this title.
N.D.C.C. § 13-08-01 Definitions
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As used in this chapter, unless the context otherwise requires: 1. "Check" means a personal check signed by the maker and made payable to a licensee. 2. "Commissioner" means the commissioner of financial institutions. 3. "Completed deferred presentment service transaction" means …
N.D.C.C. § 13-08-02 License requirements
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A person may not engage in the business of deferred presentment service without a license issued under this chapter. A separate license is required for each location from which the business of deferred presentment service is conducted. A person is considered to be engaging in the…
N.D.C.C. § 13-08-03 Qualifications for license
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To qualify for a license, an applicant shall satisfy the following requirements: 1. Each applicant shall maintain a net worth of at least twenty-five thousand dollars per licensed location, determined in accordance with generally accepted accounting principles. 2. The financial r…
N.D.C.C. § 13-08-04 Application for license
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1. Each application for a license must be in the form prescribed by the commissioner and must include: a. The legal name of the applicant, residence of the applicant, business address of the applicant, and address at which deferred presentment service is provided if different fro…
