N.D. Cent. Code § 6-03-09
This is the official text of N.D. Cent. Code § 6-03-09, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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6-03-09. Holding of real estate - Limitation
Official statutory text
6-03-09. Holding of real estate - Limitation
No banking association may hold the possession of any real estate under mortgage, nor
title and possession of any real estate purchased to satisfy indebtedness, for a longer period
than five years from the date of acquiring title thereto unless such time has been extended by
certificate of the commissioner.
No banking association may hold the possession of any real estate under mortgage, nor
title and possession of any real estate purchased to satisfy indebtedness, for a longer period
than five years from the date of acquiring title thereto unless such time has been extended by
certificate of the commissioner.
Status: in_force · Read it on the official government site
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