North Dakota Statutes

§ 35-06-05 — Pledge by apparent owner - Effect - Estoppel of actual owner

North Dakota § 35-06-05
JurisdictionNorth Dakota
Title 35Liens
Ch. 35-06Pledge

This text of North Dakota § 35-06-05 (Pledge by apparent owner - Effect - Estoppel of actual owner) 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 § 35-06-05 (2026).

Text

One who has allowed another to assume the apparent ownership of property for the purpose of making any transfer of it cannot set up that person's own title to defeat a pledge of the property made by the other to a pledgee who received the property in good faith in the ordinary course of business and for value.

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Bluebook (online)
North Dakota § 35-06-05, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/35-06-05.