North Dakota Small Loan Businesses, Referendum 5 (1960)
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The North Dakota Small Loan Businesses Referendum, also known as Referendum 5, was on the June 28, 1960 ballot in North Dakota as a veto referendum, where it was approved.[1][2] The measure authorized small loan business to lend amounts of $1,000 or less. It also prescribed the maximum rate of interest which could be charged. It additionally established a system for licensing and regulating such small loan businesses.[3]
Election results
| North Dakota Referendum 5 (1960) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 109,225 | 72.75% | ||
| No | 40,914 | 27.25% | ||
Election results via: Legislative Manual, Official Vote of North Dakota Primary Election, 1960
Text of measure
The full text of the ballot measure can be read here.
See also
- North Dakota 1958 ballot measures
- 1958 ballot measures
- List of North Dakota ballot measures
- History of Initiative & Referendum in North Dakota
External links
- North Dakota Secretary of State, Archived Election Results
- Mouse River Farmers Press, Sample Ballot, June 23, 1960
Footnotes
- ↑ North Dakota Secretary of State Archived Election Results, "Primary Election Results - 1960," accessed March 17, 2014
- ↑ Initiative and Referendum Institute, "North Dakota Statewide Initiatives," accessed March 17, 2014
- ↑ Mouse River Farmers Press, "Sample Ballot, June 23, 1960," accessed March 17, 2014
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