# North Dakota SB 2122: AN ACT to create and enact chapter 32-10.1 and a new section to chapter 32-19.2 of the North Dakota Century Code, relating to the Uniform Commercial Real Estate Receivership Act and trustees for commercial buildings during foreclosures; to provide for a legislative management study; and to provide for application. North Dakota SB 2122, AN ACT to create and enact chapter 32-10.1 and a new section to chapter 32-19.2 of the North Dakota Century Code, relating to the Uniform Commercial Real Estate Receivership Act and trustees for commercial buildings during foreclosures; to provide for a legislative management study; and to provide for application., is a 2025 Regular Session Senate bill sponsored by Senate Industry and Business; status signed, last action 2025-03-26 (Filed with Secretary Of State 03/25) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/ND-SB2122-202501 - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: North Dakota SB 2122 - State: North Dakota - Session: 2025 Regular Session - Title: AN ACT to create and enact chapter 32-10.1 and a new section to chapter 32-19.2 of the North Dakota Century Code, relating to the Uniform Commercial Real Estate Receivership Act and trustees for commercial buildings during foreclosures; to provide for a legislative management study; and to provide for application. - Status: signed - Chamber: Senate - Introduced: 2025-01-07 - Last action: 2025-03-26, Filed with Secretary Of State 03/25 - Sponsor: Senate Industry and Business - Cosponsors: 0 - Touches household money: no - Roll calls: 3 (185 yes, 1 no in all) - Economic provisions PRIA read: 7 ## Summary No summary available. ## Bill overview: provisions PRIA read - Renters gain protection for home leases: benefit, medium. A receiver cannot reject an unexpired lease for a tenant’s main home when someone other than the mortgage lender requested appointment. When the lender requested appointment, the lease must meet at least one added protection. It must outrank the mortgage, have an enforceable occupancy agreement, or… - Courts assign property management costs: mixed, low. Courts can pay reasonable, necessary receiver fees and expenses from property under court management. If that property is insufficient, the court can require the person who requested appointment to pay. A person whose conduct justified appointment can also owe fees and expenses, including legal fee… - Courts can take over troubled properties: mixed, low. District courts can appoint receivers before or after judgment, or during a property redemption period. Before judgment, the requester must show an apparent property interest and risk of loss, waste, damage, or improper transfers. Mortgage-case grounds include protecting property, an owner’s signed… - Creditors face property claim deadlines: mixed, low. Receivers gain legal status as lien creditors over covered real estate, personal property, and fixtures when appointed. Creditors generally receive direct notice and published notice, with at least 90 days after whichever comes later to file claims. Claims need creditor details, the amount and basi… - New rules cover commercial property disputes: mixed, low. North Dakota creates a uniform system for court-managed real estate, called receivership, including related equipment and other property. Properties with one to four homes are generally excluded. Exceptions cover business, farming, industrial or mineral uses, planned multiunit development businesse… - Receivers face safeguards and lawsuit protections: mixed, low. Proposed receivers must swear they have no disqualifying ties, financial conflicts, debts, or ownership interests involving a party. Exceptions cover specified unrelated work, qualifying personal debts, and bank accounts. Receivers generally must post a court-approved bond or other security, though… - Lenders keep rights to unpaid debt: mixed, low. Requesting a receiver, obtaining appointment, or applying property proceeds to a loan does not itself limit the lender’s enforcement rights. These actions do not make the lender the property’s manager or the owner’s agent. They generally do not block a deficiency judgment—a court order to pay debt… ## Sponsors and cosponsors - Sponsor: Senate Industry and Business ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-03-18 | Senate | Second reading, passed, yeas 45 nays 1 | pass | 45 | 1 | | | 2025-03-10 | House | Second reading, passed as amended, yeas 93 nays 0 | pass | 93 | 0 | | | 2025-01-16 | Senate | Second reading, passed, yeas 47 nays 0 | pass | 47 | 0 | | ## Actions (18) - 2025-03-26: Filed with Secretary Of State 03/25 (House) - 2025-03-24: Signed by Governor 03/24 (Senate) - 2025-03-21: Sent to Governor (Senate) - 2025-03-21: Signed by President (Senate) - 2025-03-20: Signed by Speaker (House) - 2025-03-18: Second reading, passed, yeas 45 nays 1 (Senate) - 2025-03-18: Concurred (Senate) - 2025-03-11: Returned to Senate (12) (Senate) - 2025-03-10: Second reading, passed as amended, yeas 93 nays 0 (House) - 2025-03-07: Amendment adopted, placed on calendar (House) - 2025-03-07: Reported back amended, do pass, amendment placed on calendar 11 0 2 (House) - 2025-03-05: Committee Hearing 03:00 (House) - 2025-02-13: Introduced, first reading, referred Industry, Business and Labor Committee (House) - 2025-01-17: Received from Senate (House) - 2025-01-16: Second reading, passed, yeas 47 nays 0 (Senate) - 2025-01-15: Reported back, do pass, place on calendar 5 0 0 (Senate) - 2025-01-13: Committee Hearing 09:30 (Senate) - 2025-01-07: Introduced, first reading, referred Industry and Business Committee (Senate) ## Bill text - Enrollment: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0257-05000.pdf) - INTRODUCED: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0257-03000.pdf) - Prepared by the Legislative Council staff for Representative Klemin: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0257-03001m.pdf) - SENATE BILL NO. 2122 with House Amendments: [PDF](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0257-04000.pdf) ## Related bills - HB 1229: AN ACT to create and enact a new subdivision to subsection 2 of section 39-06.1-06 and section 39-10-71.1 of the North Dakota Century Code, relating to statuto… (signed) - SB 2390: AN ACT to create and enact three new sections to chapter 54-40.1 of the North Dakota Century Code, relating to a rural catalyst committee, grant program, and f… (signed) - HB 1298: AN ACT to amend and reenact sections 39-06.1-06, 39-09-02, 39-09-04, and 39-09-07.1, and subsection 2 of section 40-05-06 of the North Dakota Century Code, rel… (signed) - SB 2113: AN ACT to create and enact two new sections to chapter 50-06 of the North Dakota Century Code, relating to certified community behavioral health clinics and th… (signed) - SB 2147: AN ACT to create and enact a new subsection to section 15-10-38.4, a new subsection to section 15-62.4-03, a new section to chapter 15-62.4, and a new subsecti… (signed) - SB 2018: AN ACT to provide an appropriation for defraying the expenses of the department of commerce; to provide an appropriation to the attorney general; to provide an… (signed) ## Sources - [Enrollment (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0257-05000.pdf) - [INTRODUCED (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0257-03000.pdf) - [Prepared by the Legislative Council staff for Representative Klemin (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0257-03001m.pdf) - [SENATE BILL NO. 2122 with House Amendments (PDF)](https://ndlegis.gov/assembly/69-2025/regular/documents/25-0257-04000.pdf) ## Related - [HB 1229: AN ACT to create and enact a new subdivision to subsection 2 of section 39-06.1…](https://policyrisk.com/state-bill/ND-HB1229-202501) - [SB 2390: AN ACT to create and enact three new sections to chapter 54-40.1 of the North D…](https://policyrisk.com/state-bill/ND-SB2390-202501) - [HB 1298: AN ACT to amend and reenact sections 39-06.1-06, 39-09-02, 39-09-04, and 39-09-…](https://policyrisk.com/state-bill/ND-HB1298-202501) - [SB 2113: AN ACT to create and enact two new sections to chapter 50-06 of the North Dakot…](https://policyrisk.com/state-bill/ND-SB2113-202501) - [SB 2147: AN ACT to create and enact a new subsection to section 15-10-38.4, a new subsec…](https://policyrisk.com/state-bill/ND-SB2147-202501) - [SB 2018: AN ACT to provide an appropriation for defraying the expenses of the department…](https://policyrisk.com/state-bill/ND-SB2018-202501) - [North Dakota bills](https://policyrisk.com/states/north-dakota/bills) - [North Dakota state hub](https://policyrisk.com/states/north-dakota) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/ND-SB2122-202501 (as of 2026-10-19).