North Dakota Statutes
§ 3-02-16 — Duty of agent as collector of negotiable instrument
North Dakota § 3-02-16
This text of North Dakota § 3-02-16 (Duty of agent as collector of negotiable instrument) 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 § 3-02-16 (2026).
Text
An agent employed to collect a negotiable instrument must collect it promptly and take all
measures necessary to charge the parties thereto in case of its dishonor, and, if it is a bill of
exchange, must present it for acceptance with reasonable diligence.
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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 termsCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 3-02-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/3-02-16.