North Dakota § 41-02.1-49 (2A-501) Default - Procedure

North Dakota Statutes

§ 41-02.1-49 — (2A-501) Default - Procedure

North Dakota § 41-02.1-49

Title 41Uniform Commercial Code

Ch. 41-02.1Leases

This text of North Dakota § 41-02.1-49 ((2A-501) Default - Procedure) 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 § 41-02.1-49 (2026).

Text

1.Whether the lessor or the lessee is in default under a lease contract is determined by the lease agreement and this chapter.

2.If the lessor or the lessee is in default under the lease contract, the party seeking enforcement has rights and remedies as provided in this chapter and, except as limited by this chapter, as provided in the lease agreement.

3.If the lessor or the lessee is in default under the lease contract, the party seeking enforcement may reduce the party's claim to judgment, or otherwise enforce the lease contract by self-help or any available judicial procedure or nonjudicial procedure, including administrative proceeding, arbitration, or the like, under this chapter.

4.Except as otherwise provided under subsection 1 of section 41-01-19, this chapter, or the lease agr

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1. Whether the lessor or the lessee is in default under a lease contract is determined by
the lease agreement and this chapter.
2. If the lessor or the lessee is in default under the lease contract, the party seeking
enforcement has rights and remedies as provided in this chapter and, except as
limited by this chapter, as provided in the lease agreement.
3. If the lessor or the lessee is in default under the lease contract, the party seeking
enforcement may reduce the party's claim to judgment, or otherwise enforce the lease
contract by self-help or any available judicial procedure or nonjudicial procedure,
including administrative proceeding, arbitration, or the like, under this chapter.
4. Except as otherwise provided under subsection 1 of section 41-01-19, this chapter, or
the lease agreement, the rights and remedies referred to in subsections 2 and 3 are
cumulative.
5. If the lease agreement covers both real property and goods, the party seeking
enforcement may proceed under this part as to the goods, or under other applicable
law as to both the real property and the goods in accordance with the party's rights
and remedies in respect of the real property, in which case this part does not apply.