N.D. Cent. Code § 38-09-21
38-09-21. Approval of oil and gas leases
38-09-21. Approval of oil and gas leases
All oil and gas mining leases made and executed prior to March 13, 1951, by the Bank of
North Dakota, through its president, as agent for the state treasurer, as trustee for the state of
North Dakota on lands or mineral interests acquired by the state treasurer, as trustee for the
state of North Dakota, except such leases as have been released or have expired or have been
forfeited, are hereby validated, and said leases are hereby confirmed and declared to be fully
effective and operative to vest in the lessees of said leases, their successors or assigns, all of
the estates, rights, titles, privileges, and interest therein set forth.