North Dakota Code 1-04-05 – Prior instruments legalized
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Any instrument affecting a lien upon, title to, or interest in, real estate executed and acknowledged in good faith by the treasurer or cashier in behalf of any loan, trust, or banking corporation, or by the regional treasurer of any United States corporation, prior to July 1, 1937, is declared valid and effectual to the same extent as it would have been had sections 6-08-21, 10-07-01, and 10-07-02 been in force at the time of its execution.
Terms Used In North Dakota Code 1-04-05
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lien: A claim against real or personal property in satisfaction of a debt.
- United States: includes the District of Columbia and the territories. See North Dakota Code 1-01-49