N.D. Cent. Code § 32-19.2-01

Current through 2024 Legislative Session
Section 32-19.2-01 - Appointment of trustee

On application of the mortgagee or contract for deed vendor, in any action for the foreclosure of a real estate mortgage or for cancellation of a contract for deed upon any commercial building, including apartments of two or more units, the court, upon ten days' notice to the mortgagor or contract for deed vendee, may, upon good cause being shown, appoint a trustee to take possession of the premises. Any person, other than the mortgagee or vendor, or its agents or employees, may act as trustee if the court deems the person qualified.

N.D.C.C. § 32-19.2-01