North Dakota Statutes
§ 22-01-10 — Guarantor of payment is liable upon default of principal - Demand or notice not required
not required.
A guarantor of payment or performance is liable to the guarantee immediately upon the
default of the principal and without a demand or notice.
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North Dakota § 22-01-10 (Guarantor of payment is liable upon default of principal - Demand or notice not required) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 22-01-01
Definitions§ 22-01-05
When a guaranty need not be in writing§ 22-01-06.2
Surety or guarantor may withdraw within ten days§ 22-01-06.3
When account furnished surety or guarantor§ 22-01-06.4
Surety or guarantor may withdraw at any time§ 22-01-06.5
Public policy