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.
N.D. Admin Code 13-02-20-04
General Authority: NDCC 6-01-04
Law Implemented: NDCC 6-03-05