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In 2022, the GDP of North Dakota amounted to around 53.13 billion U.S. dollars. The mining, quarrying, and oil and gas extraction industry added the most real value to the gross domestic product of the state, totaling around 9.05 billion U.S. dollars.
In the fiscal year of 2019, the state of North Dakota had state debt totaling 3.04 billion U.S. dollars. However, the local government debt was slightly higher at 5.38 billion U.S. dollars.
The act, among other things, provides that a ?person may not engage in the business of money transmission or advertise, solicit, or hold itself out as providing money transmission unless the person is licensed under this chapter.? The provision does not apply to a ?person that is an authorized delegate of a person ...
The North Dakota Department of Financial Institutions is responsible for chartering, regulating, and examining North Dakota state-chartered banks, credit unions, and trust companies.
Doug Burgum said. North Dakota experienced the highest growth in real GDP among all 50 states in the first quarter of 2023, surging by 12.4% in the last year ? more than six times higher than the nationwide increase of 2%, ing to BEA estimates.
North Dakota ranks 46th in economy size among states and Washington, DC. In 1st quarter of 2023, North Dakota accounted for 0.3% of the US economy.
The statute of limitations for actions on notes and contracts, including credit card debt, is six years.
North Dakota has $23.4 billion of assets available to pay the state's bills totaling $10.5 billion. North Dakota has $12.8 billion available after bills have been paid, which breaks down to $47,400 per taxpayer.