North Dakota Code 6-10-02 – License fee – Bond
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Such applicant shall pay to the commissioner an annual fee of twenty-five dollars, and shall furnish a bond to the state of North Dakota, executed by a corporate surety company authorized to do business in this state, in the sum of not less than five thousand dollars. Such bond from time to time may be increased by the commissioner whenever, in the commissioner’s judgment, the business of said licensee warrants.
Terms Used In North Dakota Code 6-10-02
- Commissioner: means the commissioner of financial institutions. See North Dakota Code 6-01-02
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49