N.D. Cent. Code § 47-14-08 (2025) – Interest on loans may be deducted in advance - Limitation | Midpage
47-14-08
N.D. Cent. Code § 47-14-08 (2025)
Interest on loans may be deducted in advance - Limitation
The interest which would become due at the end of the term for which a loan is made, not exceeding one year's interest in all, may be deducted from the loan in advance if the parties thus agree.