North Dakota § 43-23.1-04 Prohibitions on dispositions of interests in subdivisions

North Dakota Statutes

§ 43-23.1-04 — Prohibitions on dispositions of interests in subdivisions

North Dakota § 43-23.1-04

Title 43Occupations and Professions

Ch. 43-23.1Subdivided Lands Disposition Act

This text of North Dakota § 43-23.1-04 (Prohibitions on dispositions of interests in subdivisions) 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 § 43-23.1-04 (2026).

Text

Unless the subdivided lands or the transaction is exempt under section 43-23.1-05, it is unlawful for any person in this state:

1.To offer or to dispose of any interest in subdivided lands located without this state prior to the time that the subdivided lands are registered in accordance with this chapter.

2.To dispose of any interest in subdivided lands unless a current public offering statement is delivered to the purchaser and the purchaser is afforded a reasonable opportunity to examine the public offering statement prior to the disposition.

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Unless the subdivided lands or the transaction is exempt under section 43-23.1-05, it is
unlawful for any person in this state:
1. To offer or to dispose of any interest in subdivided lands located without this state prior
to the time that the subdivided lands are registered in accordance with this chapter.
2. To dispose of any interest in subdivided lands unless a current public offering
statement is delivered to the purchaser and the purchaser is afforded a reasonable
opportunity to examine the public offering statement prior to the disposition.