North Dakota § 47-34-02.1 Acceptance of funds by closing agents

North Dakota Statutes

§ 47-34-02.1 — Acceptance of funds by closing agents

North Dakota § 47-34-02.1

Title 47Property

Ch. 47-34Real Estate Transaction Good Funds

This text of North Dakota § 47-34-02.1 (Acceptance of funds by closing agents) 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 § 47-34-02.1 (2026).

Text

1.At or prior to closing, a closing agent may accept a cashier's check for loan funds, if that check is delivered to the closing agent by a local issuing bank, savings and loan association, credit union, or savings bank, located in the same county as the closing agent or in a contiguous county.

2.The closing agent shall deposit the cashier's check in the agent's escrow account with a local financial institution that makes the funds available for immediate withdrawal, prior to the disbursement of funds.

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1. At or prior to closing, a closing agent may accept a cashier's check for loan funds, if
that check is delivered to the closing agent by a local issuing bank, savings and loan
association, credit union, or savings bank, located in the same county as the closing
agent or in a contiguous county.
2. The closing agent shall deposit the cashier's check in the agent's escrow account with
a local financial institution that makes the funds available for immediate withdrawal,
prior to the disbursement of funds.