North Dakota Statutes
§ 3-03-01 — Rights and liabilities accruing to principal
North Dakota § 3-03-01
This text of North Dakota § 3-03-01 (Rights and liabilities accruing to principal) 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 § 3-03-01 (2026).
Text
An agent represents the agent's principal for all purposes within the scope of the agent's
actual or ostensible authority, and all the rights and liabilities which would accrue to the agent
from the transactions within such limit, if they had been entered into on the agent's own
account, accrue to the principal.
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Related
Weber v. Towner County
565 F.2d 1001 (Eighth Circuit, 1977)
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)
Webber v. Towner County
565 F.2d 1001 (Eighth Circuit, 1977)
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 § 3-03-01, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/3-03-01.