Execution of contract - Failure
N.D. Cent. Code § 15-06-28
in effect15-06-28. Execution of contract - Failure
Immediately upon the sale by the board of university and school lands, the purchaser shall
execute a purchase agreement for a cash sale or a contract in the form prescribed by the board.
The failure of a purchaser to execute a purchase agreement or a contract constitutes a forfeiture
of the payment made at or before the sale. When a purchase agreement or contract is executed
properly by the commissioner, a copy must be delivered to the purchaser.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t15c06.pdf#nameddest=15-06-28Fetched: 10/16/2026
