If any mortgagor or a member of the mortgagor's immediate family, including a father, mother, son, daughter, brother, sister, or spouse, desires to repurchase land lost through foreclosure or by a deed given in lieu of foreclosure, such repurchase may be made by matching the highest bid within one hour after public sale. The terms and conditions of any sale under this section must be established by the board of university and school lands, consistent with this title and the fiduciary responsibilities of the board.
15-07-11. Purchaser of farmlands purchased on crop share payment contract - Account of farm income - Assignability of contract. Repealed by S.L. 1987, ch. 193, § 5.
15-07-12. Use of lands purchased on crop payment contract for other than income purposes. Repealed by S.L. 1987, ch. 193, § 5.
15-07-13. Applicant for purchase on crop payment contract to pay appraisal fee - Private sale authorized on crop payment contract. Repealed by S.L. 1987, ch. 193, § 5.