Loan presumes interest

N.D. Cent. Code § 47-14-03
in effect
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47-14-03. Loan presumes interest Whenever a loan of money is made, it is presumed to be made upon interest unless it is expressly stipulated otherwise in writing at the time it is made.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t47c14.pdf#nameddest=47-14-03Fetched: 10/16/2026

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