North Dakota § 32-40.1-01 Definitions

North Dakota Statutes

§ 32-40.1-01 — Definitions

North Dakota § 32-40.1-01

Title 32Judicial Remedies

Ch. 32-40.1Lender Liability for Environmental Damage

This text of North Dakota § 32-40.1-01 (Definitions) 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 § 32-40.1-01 (2026).

Text

As used in this chapter:

1."Lender-owner" means any person who by virtue of foreclosure, whether by action, advertisement, or voluntary, nonjudicial foreclosure, or upon receipts of an assignment, bill of sale, or deed in lieu of foreclosure, becomes the owner of property.

2."Representative" means any person acting in the capacity of a receiver, conservator, guardian ad litem, personal representative of a deceased person, or trustee or fiduciary of property, except a trustee or a fiduciary is limited to an entity acting as trustee or fiduciary and which is chartered by the state banking commissioner, the office of the United States comptroller of the currency, or the office of thrift supervision.

3."Third party" means a person other than a governmental entity, seeking to enforce a feder

Free access — add to your briefcase to read the full text and ask questions with AI

As used in this chapter:
1. "Lender-owner" means any person who by virtue of foreclosure, whether by action,
advertisement, or voluntary, nonjudicial foreclosure, or upon receipts of an assignment,
bill of sale, or deed in lieu of foreclosure, becomes the owner of property.
2. "Representative" means any person acting in the capacity of a receiver, conservator,
guardian ad litem, personal representative of a deceased person, or trustee or
fiduciary of property, except a trustee or a fiduciary is limited to an entity acting as
trustee or fiduciary and which is chartered by the state banking commissioner, the
office of the United States comptroller of the currency, or the office of thrift supervision.
3. "Third party" means a person other than a governmental entity, seeking to enforce a
federal, state, or local environmental statute, ordinance, rule, permit, or order.
4. "Third-party liability" means liability to a third party for any claim arising out of or
resulting from contamination or pollution, including a claim for personal injury,
consequential damages, lost profits, exemplary damages, or property damages.