GroundRules
N.D. Cent. Code § 6-03-09: Holding of real estate - Limitation
Where this section sits in the code
- Title 6 Banks And Banking
- Chapter 6-03 Powers, Management, And Operation Of Banks
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.
Collected 2026-09-02T21:04:14Z. Source file · JSON