N.D. Cent. Code § 26.1-29-30: New contract on transfer of insurance on mortgaged property - Effect of mortgagor's acts

If an insurer assents to the transfer of an insurance contract from a mortgagor to a mortgagee and at the time of the insurer's assent imposes further obligations on the assignee, making a new contract with the assignee, the acts of the mortgagor cannot affect the mortgagee's right under the insurance.