North Dakota Code § 55-04-02

Appraisal of lands - Price may not exceed appraised value
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All lands to be purchased or exchanged under authority of this chapter must be appraised 
by the existing appraisal agencies of the parties to the contract and in all cases when there are 
no such appraisal agencies the board of county commissioners shall determine the value 
thereof. In no case may lands be purchased for more than their appraised value, nor may any 
lands owned by the state or the several counties be exchanged except for lands of an equal 
appraised value.

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