North Dakota Statutes
§ 3-02-07 — Fraud limits authority
An agent never can have authority, either actual or ostensible, to do an act which is, and is
known or suspected by the person with whom the agent deals to be, a fraud upon the principal.
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Related
American Bank Center v. Wiest
2010 ND 251 (North Dakota Supreme Court, 2010)
Woods Farmers Cooperative Elevator Co. v. Z-Mega Farms Ltd. Partnership I
95 F.3d 693 (Eighth Circuit, 1996)
Nearby Sections
15
§ 3-01-01
Definition§ 3-01-02
General and special agent defined§ 3-01-03
Actual and ostensible agency defined§ 3-01-05
Authorization to agent§ 3-01-06
How agency created§ 3-01-07
No consideration necessary§ 3-01-09
Retroactive ratification limited§ 3-01-10
Rescission of ratification§ 3-01-11
Termination of agency§ 3-02-01
Acts done by or to agent§ 3-02-02
Actual or ostensible authority§ 3-02-03
Agent authority§ 3-02-04
Authority limited to specific terms