Except as otherwise provided by law, property that a receiver or owner acquires after appointment of the receiver is subject to a security agreement entered before the appointment to the same extent as if the court had not appointed the receiver.
N.D.C.C. § 32-10.1-09 — under Uniform Commercial Real Estate Receivership Act.
N.D.C.C. § 32-10.1-09
Except as otherwise provided by law, property that a receiver or owner acquires after appointment of the receiver is subject to a security agreement entered before the appointment to the same extent as if the court had not appointed the receiver.