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Current as of January 01, 2024 | Updated by Findlaw Staff
Any purchaser at any sale of any works or project pursuant to a judgment or decree in an action to foreclose a trust indenture conveying in trust or mortgaging any works or project financed with bonds issued by the commission as authorized by this chapter shall obtain title to the works or project free from any trust or other obligation of the commission, the state of North Dakota, or the public thereof, as to its operation, maintenance, use, or disposition except the obligation to use all water impounded in the works or project for sale, rental distribution, or other beneficial use.
Cite this article: FindLaw.com - North Dakota Century Code Title 61. Waters § 61-02-63. Mortgage of commission--Contents--Purchaser at foreclosure sale--Rights - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-61-waters/nd-cent-code-sect-61-02-63/
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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