North Dakota § 43-23.1-15 Revocation

North Dakota Statutes

§ 43-23.1-15 — Revocation

North Dakota § 43-23.1-15

Title 43Occupations and Professions

Ch. 43-23.1Subdivided Lands Disposition Act

This text of North Dakota § 43-23.1-15 (Revocation) 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 § 43-23.1-15 (2026).

Text

1.A registration may be revoked after notice and hearing upon a written finding of fact that the subdivider has:

a.Failed to comply with the terms of a cease and desist order;

b.Been convicted of an offense determined by the commission to have a direct bearing upon a person's ability to serve the public as a real estate subdivider, or the commission determines, following conviction of any offense, that the person is not sufficiently rehabilitated under section 12.1-33-02.1;

c.Disposed of, concealed, or diverted any funds or assets of any person so as to defeat the rights of subdivision purchasers;

d.Failed faithfully to perform any stipulation or agreement made with the commission as an inducement to grant any registration, to reinstate any registration, or to approve any promotional

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

1. A registration may be revoked after notice and hearing upon a written finding of fact
that the subdivider has:
a. Failed to comply with the terms of a cease and desist order;
b. Been convicted of an offense determined by the commission to have a direct
bearing upon a person's ability to serve the public as a real estate subdivider, or
the commission determines, following conviction of any offense, that the person is
not sufficiently rehabilitated under section 12.1-33-02.1;
c. Disposed of, concealed, or diverted any funds or assets of any person so as to
defeat the rights of subdivision purchasers;
d. Failed faithfully to perform any stipulation or agreement made with the
commission as an inducement to grant any registration, to reinstate any
registration, or to approve any promotional plan or public offering statement; or
e. Made intentional misrepresentations or concealed material facts in an application
for registration. Findings of fact, if set forth in statutory language, must be
accompanied by a concise and explicit statement of the underlying facts
supporting the findings.
2. If the commission finds after notice and hearing that the subdivider has been guilty of a
violation for which revocation could be ordered, it may issue a cease and desist order
instead.