North Dakota § 47-19-57 - Authority of mortgagee designated as nominee or agent - Retroactive
Full text of North Dakota North Dakota Century Code § 47-19-57 — Authority of mortgagee designated as nominee or agent - Retroactive, with citation guidance and answers to common questions.
§ 47-19-57. Authority of mortgagee designated as nominee or agent - Retroactive
application. 1. An assignment, satisfaction, or release is entitled to be recorded in the office of the county recorder and is sufficient to assign, satisfy, or release a mortgage if: a. A mortgage is granted to a mortgagee as nominee or agent for a third party identified in the mortgage, and the third party's successors and assigns; b. A subsequent assignment, satisfaction, or release of the mortgage is executed by the mortgagee or the third party, its successors or assigns; and c. The assignment, satisfaction, or release is in recordable form. 2. The county recorder shall rely upon the recorded assignment, satisfaction, or release in subsection 1 to assign, satisfy, or release the mortgage. 3. This section applies to any mortgage assignment, satisfaction, or release executed, recorded, or filed before, on, or after August 1, 2009.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 47-19-57
What does North Dakota Century Code § 47-19-57 cover?
Section 47-19-57 ("Authority of mortgagee designated as nominee or agent - Retroactive") is part of the North Dakota Century Code, the codified statutory law of North Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Dakota § 47-19-57?
A common citation format is "North Dakota Century Code § 47-19-57" (North Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Dakota official source linked on this page or consult a licensed North Dakota attorney.
How does North Dakota § 47-19-57 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Dakota.