Sale of real estate loans

N.D. Cent. Code § 6-03-06
in effect
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6-03-06. Sale of real estate loans In selling or disposing of loans made upon real estate security, no association has power to guaranty the payment or collection thereof except as necessary to sell residential mortgage loans on the secondary market, and any such guaranty made in violation of this provision is not binding on the association but is upon the officer or other person making the same.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t06c03.pdf#nameddest=6-03-06Fetched: 10/16/2026
N.D. Cent. Code § 6-03-06 — Sale of real estate loans | North Dakota Century Code (Aug. 2026 snapshot) | Corpus