Securities - When taken - The name of parties
N.D. Cent. Code § 32-16-39
in effect32-16-39. Securities - When taken - The name of parties
When security is taken by the referees on a sale, and the parties interested in such security,
by an instrument in writing under their hands delivered to the referees, agree upon the shares
and proportions to which they respectively are entitled, or when shares and proportions
previously have been adjudged by the court, such securities must be taken in the names of and
must be payable to the parties respectively entitled thereto, and must be delivered to such
parties upon their receipts therefor. Such agreement and receipts must be returned and filed
with the clerk.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t32c16.pdf#nameddest=32-16-39Fetched: 10/16/2026