N.D. Cent. Code § 54-30-20 (2025) – Transfer of land covered by mortgage to state by mortgagor | Midpage
54-30-20
N.D. Cent. Code § 54-30-20 (2025)
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.