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Read. Follow. Verify.North Dakota Enacts Uniform Commercial Real Estate Receivership Act and Orders Interim Study
Last action · March 26, 2025: Filed with Secretary Of State 03/25
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What This Bill Does
North Dakota establishes the Uniform Commercial Real Estate Act to govern court-appointed trustees for commercial properties during foreclosures, sets rules for receiver powers and property management, and mandates a legislative study during the 2025-26 interim.
Commercial property owners, lenders, and tenants face standardized state rules governing how courts manage distressed real estate, collect rents, handle s, and distribute proceeds during foreclosure proceedings.
- Senate Bill 2122 was considered during the Sixty-ninth Legislative Assembly of North Dakota in 2025. context
- The Uniform Law Commission drafts and proposes specific uniform acts to state legislatures to promote legal consistency across jurisdictions. context
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Commercial real estate owners
Property owners face standardized court receivership rules, turnover duties, and potential liability for damages or contempt upon failing to cooperate with a receiver.
Mortgagees
Lenders gain clear statutory grounds to request receiver appointments, collect rents, and enforce mortgages without forfeiting deficiency judgment rights.
Residential tenants in commercial buildings
Tenants occupying residential premises as a primary residence receive explicit protections preventing receivers from rejecting their unexpired leases under certain conditions.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
Does this act apply to residential homes?
What is required of a person appointed as a receiver?
What happens to existing leases when a receiver is appointed?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
Current status: Signed into law.
Procedural history
18 actions- Mar 26, 2025Filed with Secretary Of State 03/25
- Mar 24, 2025SenateEnrolledSigned by Governor 03/24
- Mar 21, 2025SenateEnrolledSent to Governor
- Mar 21, 2025SenateSigned by President
- Mar 20, 2025HouseSigned by Speaker
- Mar 18, 2025SenateFloorSecond reading, passed, yeas 45 nays 1
Show 12 earlier actions
- Mar 18, 2025SenateConcurred
- Mar 11, 2025SenateReturned to Senate (12)
- Mar 10, 2025HouseFloorSecond reading, passed as amended, yeas 93 nays 0
- Mar 7, 2025HouseCommitteeAmendment adopted, placed on calendar
- Mar 7, 2025HouseCommitteeReported back amended, do pass, amendment placed on calendar 11 0 2
- Mar 5, 2025HouseCommitteeCommittee Hearing 03:00
- Feb 13, 2025HouseIntroducedIntroduced, first reading, referred Industry, Business and Labor Committee
- Jan 17, 2025HouseReceived from Senate
- Jan 16, 2025SenateFloorSecond reading, passed, yeas 47 nays 0
- Jan 15, 2025SenateCommitteeReported back, do pass, place on calendar 5 0 0
- Jan 13, 2025SenateCommitteeCommittee Hearing 09:30
- Jan 7, 2025SenateIntroducedIntroduced, first reading, referred Industry and Business Committee
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Adoption of Uniform Commercial Real Estate Receivership Act
North Dakota replaced disparate or sparse receivership provisions with a standardized statutory chapter governing commercial foreclosures and receivers.
Connected Entities
Sources
ndlegis.gov
Analysis Score
0–100- Significance75How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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