N.D. Cent. Code § 54-30-20

Current through 2023 Legislative Sessions

Section 54-30-20 - Transfer of land covered by mortgage to state by mortgagor

The Bank of North Dakota, instead of foreclosing, may take a conveyance from the owner to the state treasurer as trustee for the state of North Dakota in payment of the mortgage covering the land conveyed.

N.D.C.C. § 54-30-20