North Dakota Statutes

§ 22-01-11 — Liability on conditional obligation - When notice to guarantor required

North Dakota § 22-01-11
JurisdictionNorth Dakota
Title 22Guaranty, Indemnity, and Suretyship
Ch. 22-01Guaranty

This text of North Dakota § 22-01-11 (Liability on conditional obligation - When notice to guarantor required) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 22-01-11 (2026).

Text

The liability of a guarantor who guaranties a conditional obligation is commensurate with that of the guarantor's principal and the guarantor is not entitled to notice of the default of the principal unless the guarantor is unable, by the exercise of reasonable diligence, to acquire information of such default and the creditor has actual notice thereof.

Free access — add to your briefcase to read the full text and ask questions with AI

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
North Dakota § 22-01-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/22-01-11.