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Current as of January 01, 2024 | Updated by Findlaw Staff
Unless the subdivided lands or the transaction is exempt under section 43-23.1-05, it is unlawful for any person in this state:
1. To offer or to dispose of any interest in subdivided lands located without this state prior to the time that the subdivided lands are registered in accordance with this chapter.
2. To dispose of any interest in subdivided lands unless a current public offering statement is delivered to the purchaser and the purchaser is afforded a reasonable opportunity to examine the public offering statement prior to the disposition.
Cite this article: FindLaw.com - North Dakota Century Code Title 43. Occupations and Professions § 43-23.1-04. Prohibitions on dispositions of interests in subdivisions - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-43-occupations-and-professions/nd-cent-code-sect-43-23-1-04/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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