North Dakota Statutes

§ 41-03-17 — (3-117) Other agreements affecting an instrument

North Dakota·Title 41 Uniform Commercial Code·Ch. 41-03 Negotiable Instruments
Subject to applicable law regarding exclusion of proof of contemporaneous or prior agreements, the obligation of a party to an instrument to pay the instrument may be modified, supplemented, or nullified by a separate agreement of the obligor and a person entitled to enforce the instrument if the instrument is issued or the obligation is incurred in reliance on the agreement or as a part of the same transaction giving rise to the agreement. To the extent an obligation is modified, supplemented, or nullified by an agreement under this section, the agreement is a defense to the obligation.

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