{"data":{"id":"us-nd/n.d.-cent.-code-3-06-05","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 3-06-05","heading":"Liability under guaranty commission","body":"A factor who charges the factor's principal with a guaranty commission upon a sale thereby assumes absolutely to pay the price when it falls due as if it were a debt of the factor's own and not as a mere guarantor for the purchaser, but the factor does not thereby assume any additional responsibility for the safety of the factor's remittance of the proceeds.","path":["Title 3 Agency","Chapter 3-06 Factors"],"source_url":"https://ndlegis.gov/cencode/t03c06.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"42f5288a9f6e0110710881136f504546807d9bbd9a184ec8812a15811c2faa30","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-3-06-04","next":"us-nd/n.d.-cent.-code-3-06-06"},"notice":"GroundRules: Original legal text. Not legal advice."}