§ 15-62.1-01 Guarantee student loan programs – Administration – Advisory board
§ 15-62.1-02 Powers and duties of the agency
§ 15-62.1-03 Rates of interest permissible for guaranteed loans
§ 15-62.1-04 Repayment of loans
§ 15-62.1-05 Establishment and maintenance of adequate guarantee funds – Appropriation
§ 15-62.1-06 Procedure on default of guaranteed loan
§ 15-62.1-07 Fees for insurance and other reasonable costs
§ 15-62.1-08 Contract with united student aid funds, incorporated, or similar nonprofit corporation
§ 15-62.1-09 Information system
§ 15-62.1-13 State scholarship revolving fund – Student loan collections – Uncollectible loans
§ 15-62.1-15 Student loan consolidation program – Requirements – Authority to expand

Terms Used In North Dakota Code > Chapter 15-62.1 - Guarantee Loan Program

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • 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
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
  • population: means the number of inhabitants as determined by the last preceding state or federal census. See North Dakota Code 1-01-47
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Rule: includes regulation. See North Dakota Code 1-01-49
  • 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
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.