North Dakota Code 15-04-11 – Amount of bid deposited at time of leasing – Minimum bid
Current as of: 2023 | Check for updates
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The highest bidder for any parcel of land shall deposit the amount of the bid for one year‘s rental at the auction. No bid may be accepted which is less than the minimum price fixed pursuant to the provisions of section 15-04-07.
Terms Used In North Dakota Code 15-04-11
- year: means twelve consecutive months. See North Dakota Code 1-01-33