North Dakota Code 13-10-20 – Privately insured credit unions
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Nonfederally insured credit unions which employ loan originators, as defined in Public Law 110-289, title V, the S.A.F.E. Act, shall register such employees with the nationwide mortgage licensing system and registry by furnishing the information concerning the employees’ identity set forth in section 1507(a)(2) of Public Law 110-289, title V.
Terms Used In North Dakota Code 13-10-20
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.