North Dakota Statutes
§ 15-06-26 — Manner of sale - Purchase price
At the time appointed for the sale, the commissioner of university and school lands, the
commissioner's deputy, or any other person appointed by the commissioner shall proceed to sell
or offer for sale the land so advertised to be sold at public auction to the highest bidder. The
sale must be held at the county seat, in the county in which the land is situated. A tract may not
be sold for less than the fair market value thereof or for less than ten dollars per acre [.40
hectare].
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Nearby Sections
15
§ 15-01-01
Board - Membership - Officers§ 15-01-03
Meetings of board - Quorum§ 15-01-04
Record of meeting§ 15-02-02
Term of office - Vacancy§ 15-02-03
Commissioner - Salary§ 15-02-04
Deputy commissioner - Appointment - Oath§ 15-02-05
Powers and duties in general§ 15-02-05.1
Additional duties of commissioner§ 15-02-05.2
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