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62 chapters · 571 sections in this title.
N.D.C.C. § 50-21-01 Revolving loan fund - Appropriation
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The revolving loan fund must be maintained for the purpose of making loans to nonprofit corporations for the construction or reconstruction of nursing homes, basic care facilities, or combination nursing homes and basic care facilities. All funds transferred into the fund, intere…
N.D.C.C. § 50-21-02 Administration of revolving fund
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The revolving fund and loans made therefrom must be supervised and administered by the Bank of North Dakota. All applications for loans under the provisions of this chapter for the construction of nursing homes or combination nursing homes and basic care facilities must be made t…
N.D.C.C. § 50-21-02.1 Revolving fund deposited in state treasury - Expenditures
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The revolving fund must be maintained in the state treasury. All expenditures therefrom must be paid by warrant-check prepared by the office of management and budget upon vouchers submitted by the president of the Bank of North Dakota as approved by the office of the budget.
N.D.C.C. § 50-21-03 Amount of loan - Terms and conditions
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Loans in an amount not exceeding one-half of the cost of construction or reconstruction including the cost or value of real estate upon which the facility is located and in no event exceeding one hundred fifty thousand dollars to any one applicant shall be made by the Bank of Nor…
