New contract on transfer of insurance on mortgaged property - Effect of mortgagor's acts
N.D. Cent. Code § 26.1-29-30
in effect26.1-29-30. New contract on transfer of insurance on mortgaged property - Effect of
mortgagor's acts.
If an insurer assents to the transfer of an insurance contract from a mortgagor to a
mortgagee and at the time of the insurer's assent imposes further obligations on the assignee,
making a new contract with the assignee, the acts of the mortgagor cannot affect the
mortgagee's right under the insurance.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t26-1c29.pdf#nameddest=26p1-29-30Fetched: 10/16/2026