{"data":{"id":"us-nd/n.d.-cent.-code-51-07-25","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 51-07-25","heading":"Motor vehicle fuel franchise agreements","body":"A motor vehicle fuel franchise agreement may not require a security deposit except for the purpose of securing against loss of or damage to property. The dealer may satisfy any security deposit required by depositing cash or pledging a savings account or its equivalent in a financial institution in this state. Earnings accruing on a savings account or its equivalent are the property of the dealer and the dealer may withdraw the earnings annually from the account.","path":["Title 51 Sales And Exchanges","Chapter 51-07 Miscellaneous Provisions"],"source_url":"https://ndlegis.gov/cencode/t51c07.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"713506dbeb4fdced9f9fc8db5bcfb2b09a2d890dbb1f791c128e070b83a9e325","source_id":"us-nd","stale":false,"prev":"us-nd/n.d.-cent.-code-51-07-24","next":"us-nd/n.d.-cent.-code-51-07-26"},"notice":"GroundRules: Original legal text. Not legal advice."}
