North Dakota Statutes
§ 22-01-11 — Liability on conditional obligation - When notice to guarantor required
North Dakota § 22-01-11
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.
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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
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Bluebook (online)
North Dakota § 22-01-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/22-01-11.