N.D.C.C. § 57-13-04.1 — Residential and commercial property true and full value

In equalizing valuation and assessment of property among assessment districts, the state
board of equalization may not approve valuation and assessment in any taxing district in which
the true and full value for residential and commercial property as assessed and equalized in that
district exceeds the true and full value for those property classifications in that taxing district as
determined by the sales ratio study.