N.D. Cent. Code § 22-01-06: Acceptance of offer to guaranty required - Exception in case of absolute guaranty
Where this section sits in the code
- Title 22 Guaranty, Indemnity, And Suretyship
- Chapter 22-01 Guaranty
A mere offer to guaranty is not binding until notice of its acceptance is communicated by the guarantee to the guarantor. An absolute guaranty is binding upon the guarantor without a notice of acceptance.
Collected 2026-09-02T21:04:14Z. Source file · JSON