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North Dakota · Through 2026-07-31T11:12:02 · Newer source version available

N.D. Cent. Code § 41-02-03: (2-103) Definitions and index of definitions

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Where this section sits in the code
  1. Title 41 Uniform Commercial Code
  2. Chapter 41-02 Sales

1.In this chapter, unless the context otherwise requires:

a."Buyer" means a person who buys or contracts to buy goods.

b.Reserved.

c."Receipt" of goods means taking physical possession of them.

d."Seller" means a person who sells or contracts to sell goods.

2.Other definitions applying to this chapter or to specified parts thereof, and the sections in which they appear are:

a."Acceptance". Section 41-02-69.

b."Banker's credit". Section 41-02-42.

c."Between merchants". Section 41-02-04.

d."Cancellation". Subsection 2 of section 41-02-06.

e."Commercial unit". Section 41-02-05.

f."Confirmed credit". Section 41-02-42.

g."Conforming to contract". Section 41-02-06.

h."Contract for sale". Section 41-02-06.

i."Cover". Section 41-02-91.

j."Entrusting". Section 41-02-48.

k."Financing agency". Section 41-02-04.

l."Future goods". Section 41-02-05.

m."Goods". Section 41-02-05.

n."Identification". Section 41-02-49.

o."Installment contract". Section 41-02-75.

p."Letter of credit". Section 41-02-42.

q."Lot". Section 41-02-05.

r."Merchant". Section 41-02-04.

s."Overseas". Section 41-02-40.

t."Person in position of seller". Section 41-02-86.

u."Present sale". Section 41-02-06.

v."Sale". Section 41-02-06.

w."Sale on approval". Section 41-02-43.

x."Sale or return". Section 41-02-43.

y."Termination". Section 41-02-06.

3."Control" as provided under section 41-07-06 and the following definitions in other chapters apply to this chapter:

a."Check". Section 41-03-04.

b."Consignee". Section 41-07-02.

c."Consignor". Section 41-07-02.

d."Consumer goods". Section 41-09-02.

e."Dishonor". Section 41-03-59.

f."Draft". Section 41-03-04.

4.In addition, chapter 41-01 contains general definitions and principles of construction and interpretation applicable throughout this chapter.

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

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