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N.D. Cent. Code § 6-07.2-10

Rejection of contracts and leases

1. Within one hundred eighty days after the date the commissioner has taken possession, the receiver may reject:

a. An executory contract to which the closed institution is a party without any further liability to the closed institution or the receiver; and b. An obligation of the institution as a lessee of real or personal property.

2. The receiver's election to reject a lease does not create a claim for rent other than rent accrued to the date of termination.

Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.