North Dakota § 47-18-16 Proceeds of sale exempt

North Dakota Statutes

§ 47-18-16 — Proceeds of sale exempt

North Dakota·Title 47 Property·Ch. 47-18 Homestead

If a homestead is conveyed as provided in section 47-18-05 or sold for the satisfaction of
any lien mentioned in section 47-18-04, the price thereof or the proceeds of the sale beyond the
amount necessary to satisfy such lien, and not exceeding in either case the amount of the
homestead exemption, for a period of one year from the date of the conveyance, is entitled
thereafter to the same protection against legal process as the law gives to the homestead.

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If a homestead is conveyed as provided in section 47-18-05 or sold for the satisfaction of
any lien mentioned in section 47-18-04, the price thereof or the proceeds of the sale beyond the
amount necessary to satisfy such lien, and not exceeding in either case the amount of the
homestead exemption, for a period of one year from the date of the conveyance, is entitled
thereafter to the same protection against legal process as the law gives to the homestead.

North Dakota § 47-18-16 (Proceeds of sale exempt) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.