Right of authority to vest certain rights in obligee not restricted

N.D. Cent. Code § 23-11-15
in effect
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23-11-15. Right of authority to vest certain rights in obligee not restricted Sections 23-11-12, 23-11-13, and 23-11-14 may not be construed as limiting or restricting the power of an authority to vest in an obligee the right, in the event of a default by the authority, to take possession of a housing project or to cause the appointment of a receiver thereof or to acquire title thereto through foreclosure proceedings.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t23c11.pdf#nameddest=23-11-15Fetched: 10/16/2026
N.D. Cent. Code § 23-11-15 — Right of authority to vest certain rights in obligee not restricted | North Dakota Century Code (Aug. 2026 snapshot) | Corpus