North Dakota Code 40-05-26 – Development by a foreign adversary – Prohibition
(Expired effective July 31, 2025) 1. A board of city commissioners or city council, including a board or council in a home rule city, may not procure, authorize, or approve a development agreement, building plan, or proposal relating to city development with an individual or government identified as a foreign adversary under 15 C.F.R. § 7.4(a) or a person identified on the office of foreign assets control sanctions list.
Terms Used In North Dakota Code 40-05-26
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Individual: means a human being. See North Dakota Code 1-01-49
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Rule: includes regulation. See North Dakota Code 1-01-49
- 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
- United States: includes the District of Columbia and the territories. See North Dakota Code 1-01-49
2. This section does not apply to a foreign adversary as defined in subsection 1 possessing an interest in real property if the foreign adversary:
a. Is a duly registered business and has maintained a status of good standing with the secretary of state for seven years or longer before August 1, 2023; b. Has been approved by the committee on foreign investment in the United States; and c. Maintains an active national security agreement with the federal government.