GroundRules
← Search the law
North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 47-34-02.1: Acceptance of funds by closing agents

Read at publisher ↗
Where this section sits in the code
  1. Title 47 Property
  2. Chapter 47-34 Real Estate Transaction Good Funds

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.

Collected 2026-09-02T21:04:14Z. Source file · JSON

Browse this collection