North Dakota Code > Chapter 32-40.1 – Lender Liability for Environmental Damage


§ 32-40.1-01	Definitions
§ 32-40.1-02	Third-party liability – Environmental damage
§ 32-40.1-03	Extent of application
§ 32-40.1-04	Applicability to civil actions

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Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
Deed: The legal instrument used to transfer title in real property from one person to another.
Fiduciary: A trustee, executor, or administrator.
Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. ^{Source: OCC}
Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
Individual: means a human being. See North Dakota Code 1-01-49
Lien: A claim against real or personal property in satisfaction of a debt.
Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
Property: includes property, real and personal. See North Dakota Code 1-01-49
Rule: includes regulation. See North Dakota Code 1-01-49
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
Statute: A law passed by a legislature.
Trustee: A person or institution holding and administering property in trust.
United States: includes the District of Columbia and the territories. See North Dakota Code 1-01-49