Title 051 · Title 51

Loans, financial assistance, and extension of credit.

Citation: N.D. Admin. Code § 51-02-02-05

Section: 51-02-02-05

51-02-02-05. Loans, financial assistance, and extension of credit. The making or renewal of loans, or the giving of financial assistance in any other form, between dealers or by a dealer to a retailer is prohibited. The extension of credit between dealers or by a dealer to a retailer for longer than a period of sixty days after delivery of the product is prohibited. General Authority: NDCC 4.1-26-30, 4.1-26-31 Law Implemented: NDCC 4.1-26-31