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ND SB2236
Bill
Status
Introduced
1/17/2025
Primary Sponsor
Ryan Braunberger
Click for details
AI Summary
- Caps late fees for lodging rentals at 8% of the overdue rent payment
- Late fees may only be charged after rent is past due at month's end or another date specified in the rental agreement
- Amends Section 47-16-20 of the North Dakota Century Code governing rent payment timing
- Updates statutory language from "shall be" to "is/are" throughout the section without changing existing rent payment schedules
Legislative Description
Late fees on rents under a rental agreement.
Last Action
Second reading, failed to pass, yeas 7 nays 39
2/4/2025
Committee Referrals
Industry and Business1/17/2025
Full Bill Text
No bill text available