A loan which the borrower is allowed by the lender to treat as a loan for use or for exchange at the borrower's option is subject to all the provisions of this chapter.
N.D. Cent. Code § 47-13-02
Loan for use or for exchange subject to provisions of chapter
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.