This bill proposes the creation of a new section in chapter 32-01 of the North Dakota Century Code, which focuses on defining "interest" in the context of judicial remedies. The bill stipulates that "interest" must be interpreted broadly, encompassing both legal and equitable interests. It clarifies that an "interested party" in a judicial action is one that holds either a legal or equitable interest in the subject property or rights involved in a civil or criminal case.

Furthermore, the bill specifies that a party with an equitable interest—whose benefits or rights may be impacted by a judicial decision—can be represented by a party holding a legal interest in the same property or rights. This provision aims to ensure that all parties with a stake in the outcome of a judicial action are adequately represented, thereby enhancing the fairness and comprehensiveness of judicial proceedings.