Board authority over farm loans
N.D. Cent. Code § 15-03-04.2
in effect15-03-04.2. Board authority over farm loans
The board of university and school lands has authority to promulgate policies, rules, and
regulations for the purchase of first mortgage farm loans. The board shall set such terms,
conditions, interest rates, and other guidelines as it may desire commensurate with its fiduciary
responsibilities.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t15c03.pdf#nameddest=15-03-04p2Fetched: 10/16/2026
