§ 38-13.1-01 Trusts for unlocatable mineral, leasehold, or royalty interest owners – Creation
§ 38-13.1-02 No further liability for petitioner
§ 38-13.1-03 Administration of trust
§ 38-13.1-04 Filing of addresses – Fee
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Terms Used In North Dakota Code > Chapter 38-13.1 - Trusts for Unlocatable Mineral Owners

  • 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
  • Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
  • Property: includes property, real and personal. See North Dakota Code 1-01-49
  • Trustee: A person or institution holding and administering property in trust.