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North Dakota Legal Rates of Interest Initiative (1938)
The North Dakota Legal Rates of Interests Initiative was on the June 28, 1938 ballot in North Dakota as an initiated state statute, where it was approved. The measure reduced the legal rates of interest to three percent on indebtedness instead of four percent on borrowing and seven percent on contracts.
|North Dakota Legal Interest Rates Initiative (1938)|
Election results via: Legislative Manual, Official Vote of North Dakota Primary Election, 1938
Text of measure
The measure reduced the legal rates of interest to three percent on indebtedness instead of four percent on borrowing and seven percent on contracts.
- North Dakota 1938 ballot measures
- 1938 ballot measures
- List of North Dakota ballot measures
- History of Initiative & Referendum in North Dakota
- North Dakota Secretary of State, Archived Election Results
- I&R Institute ballot measure database for North Dakota
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