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ND SB2223
Bill
Status
Introduced
1/18/2021
Primary Sponsor
Kathy Hogan
Click for details
AI Summary
- Creates a new section in chapter 35-03 of the North Dakota Century Code regarding deeds in lieu of foreclosure
- Prohibits title transfer to the mortgagee until a judgment of foreclosure is entered by the court
- Applies regardless of whether the deed in lieu of foreclosure was previously delivered to the mortgagee and recorded with the recorder's office
- Introduced by Senators Hogan and Piepkorn and Representative Hager
Legislative Description
A deed in lieu of foreclosure.
Last Action
Second reading, failed to pass, yeas 2 nays 45
2/10/2021
Committee Referrals
Political Subdivisions1/18/2021
Full Bill Text
No bill text available