North Dakota Code 55-01-05 – Land acquired for historical purposes – Title – Placed in custody of county historical societies
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When land is contributed or purchased for historical purposes, the title must vest in the state of North Dakota. The land may be placed in the custody of the county historical societies of the respective counties in which the sites are located and may be improved and used for the accumulation and care of relics of historical interest. When it appears that the use and purpose of the land is a matter of primarily local or regional interest, the state historical society may, upon such terms, conditions, and consideration as the state historical board may require, transfer and convey the land to a political subdivision or nonprofit corporation where the interest lay.
Terms Used In North Dakota Code 55-01-05
- 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.
- 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