The board of university and school lands may provide by rule or lease term for the sale, disposal, removal, or acquisition of improvements placed on lands by a lessee.

Terms Used In North Dakota Code 15-05-12.1

  • 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
  • Rule: includes regulation. See North Dakota Code 1-01-49