Approval by lender of amendment
N.D. Cent. Code § 47-04.1-15
in effect47-04.1-15. Approval by lender of amendment
Notwithstanding any requirement in the condominium declaration or bylaws requiring a
lender's approval of any amendment of the declaration or bylaws, after being given a thirty-day
written notice beginning with the date of mailing, any lender contacted at the last-known address
that does not refuse or approve of the proposed amendment is deemed to have approved the
amendment. This section does not apply to any proposed amendment that affects a lender's
right to enforce the terms of the mortgage.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t47c04-1.pdf#nameddest=47-04p1-15Fetched: 10/16/2026