N.D. Cent. Code § 57-02.3-01
57-02.3-01. Definition
57-02.3-01. Definition
As used in this chapter, unless the context or subject matter otherwise clearly indicates,
"property subject to valuation" means real property owned by the board of university and school
lands or by the state treasurer as trustee for the state of North Dakota, title to which was
obtained after January 1, 1980, by foreclosure or deed in lieu of foreclosure of a mortgage given
to the Bank of North Dakota, including a mortgage assigned to the state treasurer under section