53 chapters · 858 sections in this title.
2 CMC § 4444 Issuance of Obligations: Manner of Issuance and Sale
1.4K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4444. Issuance of Obligations: Manner of Issuance and Sale. Obligations shall be issued and sold in the following manner: (a) Obligations of NMHC shall be authorized by a resolution adopted by the vote of a majority of the f…
2 CMC § 4445 Issuance of Obligations: Negotiability
0.9K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4445. Issuance of Obligations: Negotiability. Obligations of NMHC shall be fully negotiable. In any suit, action or proceeding involving the validity or enforceability of any obligation of NMHC or the security therefore, any…
2 CMC § 4446 Issuance of Obligations: NMHC's Powers To Issue and Secure Payment
3.8K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4446. Issuance of Obligations: NMHC’s Powers To Issue and Secure Payment. In connection with issuance of obligations, and to secure the payment of such obligations, NMHC may: (a) Pledge all or any part of its gross or net re…
2 CMC § 4451 Annual Report
0.8K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4451. Annual Report. NMHC shall submit an annual report, signed by the chairman of the board, to the Governor and the legislature showing: (a) A summary of the year’s activities; (b) The financial condition of the properties…
2 CMC § 4452 NMHC: Directors, Officials or Employees; Limitations on Interests
2.3K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4452. NMHC: Directors, Officials or Employees; Limitations on Interests. During his or her tenure and for one year thereafter, no corporate director, official, board members or employee of NMHC, or member of the Commonwealth…
2 CMC § 4453 Compliance With Federal Requirements
0.5K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4453. Compliance With Federal Requirements. Each housing project developed, operated or assisted under a contract providing for federal financial assistance shall be administered in compliance with all requirements of the co…
2 CMC § 4454 Fidelity Bond Coverage
0.7K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4454. Fidelity Bond Coverage. NMHC shall obtain or provide for the obtaining of adequate fidelity bond coverage of its officers, agents, or employees handling cash or authorized to sign checks or certify vouchers. Source: DL…
2 CMC § 4455 NMHC: No Profits From Housing
0.5K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4455. NMHC: No Profits From Housing. NMHC shall not develop or operate any housing for profit. Source: DL 5-67, § 7-5, modified; amended by PL 20-87 § 6 (Feb. 5, 2019). Commission Comment: [Historical comments removed.] In c…
2 CMC § 4456 NMHC: Public Nature of Property
0.8K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4456. NMHC: Public Nature of Property. The real and personal property of NMHC is declared to be public property to be used for essential public and governmental purposes and such property and NMHC are exempt from all taxes a…
2 CMC § 4457 NMHC: Exemption of Property from Levy or Execution
1.1K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4457. NMHC: Exemption of Property from Levy or Execution. All property, including funds, acquired or held by NMHC pursuant to this chapter shall be exempt from levy and sale by virtue of an execution, and no execution or oth…
2 CMC § 4461 Short Title
0.2K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4461. Short Title. This article may be cited as the Housing Mortgage Insurance Implementation Act. Source: PL 5-8, § 1. Commission Comment: PL 5-8 took effect April 9, 1986.
2 CMC § 4462 Findings and Purposes
4.3K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4462. Findings and Purposes. (a) The legislature finds that: (1) The United States Department of Housing and Urban Development (HUD), through its Federal Housing Administration (FHA), is willing to insure residential housing…
2 CMC § 4463 Definitions
4.7K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4463. Definitions. (a) As used in this chapter: (1) “Appraised value” means the fair market value of a parcel of real property at a given point in time as determined by a qualified real estate appraiser, who is approved by N…
2 CMC § 4464 Marketability of Title
0.6K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4464. Marketability of Title. Title to a permanent and long-term interest in real property in the Commonwealth shall not be considered unmarketable merely because of the restriction on alienation of permanent and long-term i…
2 CMC § 4465 Title Assurance
4.3K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4465. Title Assurance. (a) Promptly upon the enactment of this chapter, NMHC shall contact insurance agents and brokers within and without the Commonwealth, title insurance companies, attorneys, and others who may be interes…
2 CMC § 4466 Salability After Foreclosure
2.1K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4466. Salability after Foreclosure. (a) To assure any federal mortgage insurer that the provisions of N.M.I. Const. art. XII, prohibiting the acquisition of title to permanent and long-term interests in real property in the …
2 CMC § 4467 Conveyance of Title to a Permanent and Long-term Interest in Real Property
0.7K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4467. Conveyance of Title to a Permanent and Long-term Interest in Real Property. Any person who is a mortgagee, or a federal mortgage insurer which succeeds to the interest of a mortgagee, including such a person who is not…
2 CMC § 4468 Conflict with other Laws
0.3K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4468. Conflict with other Laws. If a provision of this chapter is in conflict or inconsistent with any other law, then the provision of this chapter shall control, unless it is expressly contravened by such other law. Source…
2 CMC § 4481 Short Title
4.7K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4481. Short Title. This article may be cited as the MPLT-NMHC Home Financing Act of 1996. Source: PL 10-29, § 1. Commission Comment: PL 10-29 took effect October 4, 1996. According to PL 10-29, § 2: Section 2. Findings. The …
2 CMC § 4482 Definitions
1.6K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4482. Definitions. Except where the context otherwise clearly requires, as used in this article: (a) “Home loans” means any loan to a qualified resident of the Commonwealth of the Northern Mariana Islands for either the: (1)…
2 CMC § 4483 Home Loan Authorized
8.4K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4483. Home Loan Authorized. (a) MPLT is authorized, consistent with its constitutional obligations, to loan up to $10,000,000 to NMHC at an interest rate of not less than six percent and not more than 9.5 percent per annum f…
2 CMC § 4484 Guarantee and Security of the Funds
4.0K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4484. Guarantee and Security of the Funds. (a) The loan agreement shall be fully, absolutely, and unconditionally backed each year by the interest earnings accruing to the General Fund pursuant to N.M.I. Const. art. XI, § 6(…
2 CMC § 4485 Use of the Funds
2.7K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4485. Use of the Funds. (a) NMHC shall use the loan from MPLT authorized by this article to establish a comprehensive program or multiple programs for home finance with private banks or by NMHC itself. NMHC shall take steps …
2 CMC § 4486 Appropriation to Principal of Amount Matching Interest Income. [Repealed]
1.2K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4486. Appropriation to Principal of Amount Matching Interest Income. [Repealed] Source: PL 10-29, § 7; repealed in entirety by PL 15-48, § 2. Commission Comment: Public Law 15-48 was enacted on March 13, 2007, and contained …
2 CMC § 4487 Homestead Participation and Real Property Security
2.7K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4487. Homestead Participation and Real Property Security. (a) Borrowers who participate in the programs created by NMHC secured by the loan from MPLT authorized by this article must pledge their real property interests as se…
2 CMC § 4488 Program Requirements
7.3K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4488. Program Requirements. (a) Eligibility. Only persons eligible under N.M.I. Const. art. XII to acquire permanent and long-term interests in real property in the Commonwealth shall be eligible for home loans under program…
2 CMC § 4489 Special Trust Fund
2.9K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4489. Special Trust Fund. (a) There is hereby established within the Commonwealth General Fund a special trust fund to be known as the Homestead Development Home Financing Security Fund. (b) The Secretary of Finance shall de…
2 CMC § 4490 Enforcement
0.8K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4490. Enforcement. (a) The office of the Public Auditor shall audit NMHC annually to ensure that NMHC is in compliance with all aspects of the loan agreement between MPLT and NMHC, and with the requirements for the making of…
2 CMC § 4493 Short Title
4.3K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4493. Short Title. This act may be cited as the “Refinance Act for the MPLT/NMHC Loan Arrangement.” Source: PL 12-27, § 1. Commission Comment: PL 12-27 took effect on October 19, 2000 and contained findings, severability, an…
2 CMC § 4494 Definitions
0.2K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4494. Definitions. The definitions stated in 2 CMC § 4482 shall also apply to this act and are hereby incorporated herein as though a part thereof. Source: PL 12-27, § 3, modified.
2 CMC § 4495 Approval of Loan
0.4K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4495. Approval of Loan. The proposed restructured loan by MPLT to NMHC for ten million dollars, payable over a term of fifteen years, with interest accrued at a rate of eight and one-half percent, is approved by the Commonwe…
2 CMC § 4496 Guarantee Pledged
0.5K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4496. Guarantee Pledged. The Commonwealth Government hereby fully, absolutely and unconditionally guarantees, underwrites and secures all payments due to MPLT under the terms and conditions of the loan. The loan is accepted …
2 CMC § 4497 Payment by Appropriations
1.8K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4497. Payment by Appropriations. The loan made to NMHC by MPLT pursuant to Public Law Nos. 10-29 and 12-27 including the various subsequent short-term loans made by MPLT to NMHC, plus the additional three-million-eight-hundr…
2 CMC § 4498 Moratorium. [Repealed]
0.2K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4498. Moratorium. [Repealed] Source: PL 12-27, § 7; repealed in entirety by PL 15-48, § 2. Commission Comment: See the comment to 2 CMC § 4497 regarding PL 15-48.
2 CMC § 4499 Confirmation of Prior Loans
0.6K chars
TITLE 2: NATURAL RESOURCES DIVISION 4: LAND RESOURCES § 4499. Confirmation of Prior Loans. This act does not affect any of the terms and provisions of Public Law No. 1029 (codified as 2 CMC § 4481 et seq.), as amended, the loan made by MPLT to NMHC, or the use of the loan proceed…
2 CMC § 5411 Short Title
0.2K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5411. Short Title. This chapter may be cited as the Commonwealth Export Meat Inspection Act. Source: 25 TTC § 78.
2 CMC § 5412 Definitions
11.2K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5412. Definitions. As used in this chapter, except as otherwise specified, the following terms shall have the meanings stated below: (a) “Adulterated” means any carcass, part thereof, meat or meat food product unde…
2 CMC § 5413 Examination and Inspection of Animals Prior to Slaughtering
1.6K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5413. Examination and Inspection of Animals Prior to Slaughtering. For the purpose of preventing the use in export commerce of meat and meat food products which are adulterated, the director shall cause to be made,…
2 CMC § 5414 Methods of Slaughtering Allowed
0.6K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5414. Methods of Slaughtering Allowed. No method of slaughtering or handling in connection with slaughtering shall be deemed to comply with the public policy of the Commonwealth unless it is humane. The following m…
2 CMC § 5415 Post-Mortem Examination
2.0K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5415. Post-Mortem Examination. For the purposes set forth in 2 CMC §§ 5412 to 5414: (a) The director shall appoint inspectors and cause them to make post-mortem examination and inspection of the carcasses and parts…
2 CMC § 5416 Application of Provisions
1.6K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5416. Application of Provisions. 2 CMC §§ 5413 to 5415 apply to all carcasses or parts of carcasses of cattle, sheep, swine, and goats, or the meat or meat products thereof, capable of use as human food, which may …
2 CMC § 5417 Examination and Inspection of Meat Products Prepared for Export
1.5K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5417. Examination and Inspection of Meat Products Prepared for Export. For the purposes of this chapter, the director shall appoint inspectors and cause the same to make an examination and inspection of all meat fo…
2 CMC § 5418 Labeling of Packaged Meat Products
3.8K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5418. Labeling of Packaged Meat Products. (a) When any meat or meat food product prepared for export commerce which has been inspected as provided in 2 CMC § 5417 and marked “CommonwealthInspected and Passed” is pl…
2 CMC § 5419 Sanitation Inspections: Authorized; Action on Discovery of Unsanitary Conditions
1.3K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5419. Sanitation Inspections: Authorized; Action on Discovery of Unsanitary Conditions. The director shall cause to be made, by experts in sanitation or by other competent inspectors, such inspection of all slaught…
2 CMC § 5420 Sanitation Inspections: When Made
0.9K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5420. Sanitation Inspections: When Made. The director shall cause an examination and inspection of all cattle, sheep, swine, and goats, and the food products thereof, slaughtered and prepared in the establishments …
2 CMC § 5421 Compliance with Chapter Required
1.2K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5421. Compliance with Chapter Required. No person may, with respect to any cattle, sheep, swine or goats or any carcasses, parts of carcasses, meat or meat food products of any such animals: (a) Slaughter any such …
2 CMC § 5422 Marking to be Authorized; Practices Prohibited
1.9K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5422. Marking to be Authorized; Practices Prohibited. (a) No brand manufacturer, printer, or other person, firm or corporation shall cast, print, lithograph or otherwise make any device containing any official mark…
2 CMC § 5423 Appointment of Inspectors; Rules and Regulations on Inspections
1.1K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5423. Appointment of Inspectors; Rules and Regulations on Inspections. The director may appoint inspectors to examine and inspect all cattle, sheep, swine and goats; all carcasses and parts thereof; all meats and m…
2 CMC § 5424 Bribing Officials; Accepting Bribe
1.8K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5424. Bribing Officials; Accepting Bribe. (a) Any person, or any agent or employee of any person, who gives, pays, or offers, directly or indirectly, to any inspector or other officer or employee of the Commonwealt…
2 CMC § 5425 Control of Handling and Storage
1.1K chars
TITLE 2: NATURAL RESOURCES DIVISION 5: ANIMALS, PLANTS AND FOOD § 5425. Control of Handling and Storage. The director may by regulations, prescribe conditions under which carcasses, parts of carcasses, meat, and meat food products of cattle, sheep, swine or goats, capable of use …