N.D. Cent. Code § 35-06-10: Fraudulent misrepresentation of property pledged - Rights of creditor

When a debtor has obtained credit or an extension of time by a fraudulent misrepresentation of the value of the property pledged by or for the debtor, the creditor may demand a further pledge to correspond with the value represented and in default thereof may recover the creditor's debt immediately though it is not actually due.