N.D. Admin. Code 13-02-20-05

Current through Supplement No. 394, October, 2024

Section 13-02-20-05 - Exceptions

Exceptions may be made for the consideration of loan requests from credit worthy borrowers. However, any exceptions from the loan-to-value limits should not exceed, when aggregated with all other loans in excess of the loan-to-value limits, one hundred percent of total equity capital and reserves.

N.D. Admin Code 13-02-20-05

Effective November 1, 1995.

General Authority: NDCC 6-01-04

Law Implemented: NDCC 6-03-05