13-03-28-03. Past due status workout loans including troubled debt restructure past due status.

1. The past due status of all loans must be calculated consistent with loan contract terms, including amendments made to loan terms through a formal restructure. Credit unions shall report delinquency on the call report consistent with this policy.

2. Troubled debt restructure status must be determined and reported without the application of materiality threshold exclusions.

History: Effective January 1, 2019.

General Authority: NDCC 6-01-04

Law Implemented: NDCC 6-06-06