N.D. Cent. Code § 6-09.16-02
Current through 2024 Legislative Session
A revolving loan fund must be maintained in the Bank of North Dakota for the purpose of making loans to nursing facilities, basic care facilities, or assisted living facilities for renovation projects.
All moneys transferred into the fund, interest upon moneys in the fund, and collections of interest and principal on loans made from the fund are appropriated for disbursement pursuant to the requirements of this chapter.
N.D.C.C. § 6-09.16-02