Before exercising any of its powers as the farm finance agency pursuant to subsection 2 of section 54-17-09, the industrial commission shall adopt policies and rules relating to any or all of the following:

Terms Used In North Dakota Code 54-17-34.4

  • following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49

1.    Procedures and documentation for the submission of requests for financing; and

2.    Provisions necessary for compliance with the Internal Revenue Code of 1986 and any regulations adopted thereunder, as amended.