North Dakota Statutes
§ 41-02.1-30 — (2A-221) Casualty to identified goods
North Dakota § 41-02.1-30
This text of North Dakota § 41-02.1-30 ((2A-221) Casualty to identified goods) 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 § 41-02.1-30 (2026).
Text
If a lease contract requires goods identified when the lease contract is made, and the goods suffer casualty without fault of the lessee, the lessor or the supplier before delivery, or the goods suffer casualty before risk of loss passes to the lessee under the lease agreement or section 41-02.1-28, then:
1.If the loss is total, the lease contract is avoided.
2.If the loss is partial or the goods have so deteriorated as to no longer conform to the
lease contract, the lessee may nevertheless demand inspection and at the lessee's
option either treat the lease contract as avoided or, except in a finance lease that is not
a consumer lease, accept the goods with due allowance from the rent payable for the
balance of the lease term for the deterioration or the deficiency in quantity but withou
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Nearby Sections
15
§ 41-01-01
(1-101) Short titles§ 41-01-02
(1-102) Scope of chapter§ 41-01-05
(1-105) Severability§ 41-01-07
(1-107) Section captions§ 41-01-09
(1-201) General definitions§ 41-01-10
(1-202) Notice - Knowledge§ 41-01-12
(1-204) Value§ 41-01-13
(1-205) Reasonable time - Seasonableness§ 41-01-14
(1-206) PresumptionsCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 41-02.1-30, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/41-02.1-30.