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45 chapters · 503 sections in this title.
N.D.C.C. § 6-09.9-04 Participation loans by private financial institutions
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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.
N.D.C.C. § 6-09.9-05 Interest buydown
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1. There is hereby established an interest rate buydown fund to be maintained by the industrial commission at the Bank of North Dakota. 2. The industrial commission may buy down or reduce the interest paid by a farmer or agribusiness on the Bank's portion of the participation ope…
N.D.C.C. § 6-09.9-07 Rules
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The industrial commission may adopt such rules and guidelines as are necessary to implement sections 6-09.9-01 through 6-09.9-05.
N.D.C.C. § 6-09.10-01 Definitions
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As used in this chapter, unless the context requires otherwise: 1. "Board" means the credit review board, or its authorized agent when applicable. 2. "Farmer" means a person who is or was involved in the production of an agricultural commodity or livestock.
