Retention of title and increase by lender

N.D. Cent. Code § 47-12-05
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
47-12-05. Retention of title and increase by lender A loan for use does not transfer the title to the personal property. Its total increase during the period of the loan belongs to the lender.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t47c12.pdf#nameddest=47-12-05Fetched: 10/16/2026

Starting a business in North Dakota? North Dakota LLC guide: costs and requirements