North Dakota Code 26.1-53.1-14 – Charges and fees – Refund requirements
Current as of: 2023 | Check for updates
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1. A discount plan organization may charge a periodic charge as well as a reasonable one-time processing fee for a discount plan.
Terms Used In North Dakota Code 26.1-53.1-14
- Contract: A legal written agreement that becomes binding when signed.
- Organization: includes a foreign or domestic association, business trust, corporation, enterprise, estate, joint venture, limited liability company, limited liability partnership, limited partnership, partnership, trust, or any legal or commercial entity. See North Dakota Code 1-01-49
2. If a member cancels the member’s membership in the discount plan organization within the first thirty days after the date of receipt of the signed consumer contract or agreement, the member shall receive a reimbursement of all periodic charges.
3. If the discount plan organization cancels a membership for any reason other than nonpayment of charges by the member, the discount plan organization shall make a pro rata reimbursement of all periodic charges to the member.