Acceptance of funds by closing agents
N.D. Cent. Code § 47-34-02.1
in effect47-34-02.1. Acceptance of funds by closing agents
1. At or prior to closing, a closing agent may accept a cashier's check for loan funds, if
that check is delivered to the closing agent by a local issuing bank, savings and loan
association, credit union, or savings bank, located in the same county as the closing
agent or in a contiguous county.
2. The closing agent shall deposit the cashier's check in the agent's escrow account with
a local financial institution that makes the funds available for immediate withdrawal,
prior to the disbursement of funds.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t47c34.pdf#nameddest=47-34-02p1Fetched: 10/16/2026