N.D. Admin. Code 81-04.1-04-12
Current through Supplement No. 395, January, 2025
Receipts from the sale at public auction of tangible personal property secured under the Uniform Commercial Code are not taxable if the sale is made by a court decree of foreclosure by an officer appointed by the court for that purpose or if the property is bid in by the mortgagee. Receipts from other foreclosure sales where goods and chattels are sold at retail are subject to sales tax.
N.D. Admin Code 81-04.1-04-12
General Authority: NDCC 57-39.2-19
Law Implemented: NDCC 57-39.2-01, 57-39.2-02.1, 57-39.2-03.2, 57-39.2-03.3, 57-39.2-04