North Dakota § 35-05-01 Security agreement on crops prohibited - Exceptions

North Dakota Statutes

§ 35-05-01 — Security agreement on crops prohibited - Exceptions

North Dakota § 35-05-01

Title 35Liens

Ch. 35-05Crop Mortgages

This text of North Dakota § 35-05-01 (Security agreement on crops prohibited - Exceptions) 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 § 35-05-01 (2026).

Text

Security interests in growing and unharvested crops are prohibited, and any security
agreement purporting to create a security interest therein is void. The provisions of this section
do not apply to any security interest or lien in favor of the United States, this state, any county,
or any department or agency of any of them, including the Bank of North Dakota, nor to any
financial institution as defined by section 6-01-02 or 21-04-01, nor to any agricultural
cooperative or agricultural lending agency, nor to any security interest created by contract to
secure money advanced or loaned for the purpose of paying government crop insurance
premiums or to secure the purchase price or the rental or improvement of the land upon which
the crops covered by the contract are to be grown.

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Security interests in growing and unharvested crops are prohibited, and any security
agreement purporting to create a security interest therein is void. The provisions of this section
do not apply to any security interest or lien in favor of the United States, this state, any county,
or any department or agency of any of them, including the Bank of North Dakota, nor to any
financial institution as defined by section 6-01-02 or 21-04-01, nor to any agricultural
cooperative or agricultural lending agency, nor to any security interest created by contract to
secure money advanced or loaned for the purpose of paying government crop insurance
premiums or to secure the purchase price or the rental or improvement of the land upon which
the crops covered by the contract are to be grown.