North Dakota Statutes
§ 15-07-02 — Rules and regulations for sale of nongrant lands - Powers of board
North Dakota § 15-07-02
This text of North Dakota § 15-07-02 (Rules and regulations for sale of nongrant lands - Powers of board) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.D. Cent. Code § 15-07-02 (2026).
Text
The board of university and school lands may make such rules and regulations not in
conflict with the provisions of this title as it deems necessary as to the manner, place, and time
of payment of principal and interest, the conduct of the business of selling and disposing of
lands other than original grant lands, and the terms and conditions of those sales. The board
may sell nongrant lands on amortized payment contracts, and renegotiate the terms of those
contracts, so long as the purchaser, at the time renegotiation is requested, has paid at least
thirty percent of the purchase price and the resulting contract is consistent with this chapter and
with the board's fiduciary responsibilities.
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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
Administrator of abandoned property - EmploymentCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 15-07-02, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/15-07-02.