If the board of university and school lands finds that the interests of the state will be subserved by the adjournment of the auction of lands for lease, it may adjourn the auction.

Terms Used In North Dakota Code 15-04-12

  • Adjourn: A motion to adjourn a legislative chamber or a committee, if passed, ends that day's session.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49