Private operators
N.D. Cent. Code § 48-02.1-02
in effect48-02.1-02. Private operators
Notwithstanding any other provision of law, private operators may construct, improve,
rehabilitate, own, lease, manage, and operate fee-based facilities subject to the terms of this
chapter. Private operators may mortgage, grant security interests in, and pledge their interests
in, for a period not to exceed the length of the development agreement:
1. Fee-based facilities and their components;
2. Development, leases and concessions, and other related agreements; and
3. Income, profits, and proceeds of the fee-based facility.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t48c02-1.pdf#nameddest=48-02p1-02Fetched: 10/16/2026