6 sections · 0 paragraphs in this article.
N. Mar. I. Const. art. XII, sec. 1 Alienation of Land
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The acquisition of permanent and long-term interests in real property within the Commonwealth shall be restricted to persons of Northern Marianas descent.
N. Mar. I. Const. art. XII, sec. 2 Acquisition
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The term acquisition used in Section 1 includes acquisition by sale, lease, gift, inheritance or other means. A transfer to a spouse by inheritance is not an acquisition under this section if the owner dies without issue or with issue not eligible to own land in the Northern Mari…
N. Mar. I. Const. art. XII, sec. 3 Permanent and Long-Term Interests in Real Property
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The term permanent and long-term interests in real property used in Section 1 includes freehold interests and leasehold interests of more than fifty-five years including renewal rights, except an interest acquired above the first floor of a condominium building. Any interests acq…
N. Mar. I. Const. art. XII, sec. 4 Persons of Northern Marianas Descent
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A person of Northern Marianas descent is a person who is a citizen or national of the United States and who has at least some degree of Northern Marianas Chamorro or Northern Marianas Carolinian blood or a combination thereof. For purposes of determining Northern Marianas descent…
N. Mar. I. Const. art. XII, sec. 5 Corporation
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A corporation shall be considered to be a person of Northern Marianas descent so long as it is incorporated in the Commonwealth, has its principal place of business in the Commonwealth, has directors one-hundred percent of whom are persons of Northern Marianas descent and has vot…
N. Mar. I. Const. art. XII, sec. 6 Enforcement
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Any transaction made in violation of Section 1 shall be void ab initio. Whenever a corporation ceases to be qualified under Section 5, a permanent or long-term interest in land in the Commonwealth acquired by the Corporation after the effective date of this amendment shall be imm…