N.D. Cent. Code § 9-13-11: Rescinding acceptance

When the obligation of a third person or an order upon such person is accepted in satisfaction, the creditor may rescind such acceptance if:

1.The debtor prevents such person from complying with the order or from fulfilling the obligation;

2.At the time the obligation or order is received, such person is insolvent and this fact is unknown to the creditor; or

3.Before the creditor with reasonable diligence can present the order to the person upon whom it is given, that person becomes insolvent.