North Dakota Statutes

§ 54-30-20 — Transfer of land covered by mortgage to state by mortgagor

North Dakota·Title 54 State Government·Ch. 54-30 Bonds of North Dakota, Real Estate Series
The Bank of North Dakota, instead of foreclosing, may take a conveyance from the owner to the state treasurer as trustee for the state of North Dakota in payment of the mortgage covering the land conveyed.

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