GroundRules
← Search the law
North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 22-01-01: Definitions

Read at publisher ↗
Where this section sits in the code
  1. Title 22 Guaranty, Indemnity, And Suretyship
  2. Chapter 22-01 Guaranty

In this chapter, unless the context or subject matter otherwise requires:

1.A "continuing guaranty" means a guaranty relating to a future liability of the principal under successive transactions which either continue the liability or from time to time renew it after it has been satisfied.

2.A "guaranty" means a promise to answer for the debt, default, or miscarriage of another person.

Collected 2026-09-02T21:04:14Z. Source file · JSON

Browse this collection