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  • 1 week ago | debanked.com | Robert Gage |Sean Murray

    Robert F. Gage is a Partner at Hudson Cook LLP. You can email him at [email protected]. The state legislature in North Dakota recently passed House Bill 1127. This bill made a simple amendment to a 1970s-era law called the Money Brokers Act (“MBA”). Despite its name, the MBA is not limited to brokers. It is the primary law regulating consumer and commercial lending in North Dakota. It applies to any person engaged in the act of arranging or providing loans.

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