Title 013 · Title 13

Excluded transactions.

Citation: N.D. Admin. Code § 13-02-20-04

Section: 13-02-20-04

13-02-20-04. Excluded transactions. The loan-to-value ratios established in this chapter do not apply to loans that are insured or guaranteed, or where there is a commitment to insure or guarantee, in part or in full, or conditionally, by the United States, its instrumentalities, this state, or its instrumentalities. History: Effective November 1, 1995. General Authority: NDCC 6-01-04 Law Implemented: NDCC 6-03-05