North Dakota § 41-07-36 (7-507) Warranties on negotiation or delivery of document of title

North Dakota Statutes

§ 41-07-36 — (7-507) Warranties on negotiation or delivery of document of title

North Dakota § 41-07-36

Title 41Uniform Commercial Code

Ch. 41-07Documents of Title

This text of North Dakota § 41-07-36 ((7-507) Warranties on negotiation or delivery of document of title) 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 § 41-07-36 (2026).

Text

If a person negotiates or delivers a document of title for value, otherwise than as a mere intermediary under section 41-07-37, unless otherwise agreed, the transferor, in addition to any warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:

1.The document is genuine;

2.The transferor does not have knowledge of any fact that would impair the document's validity or worth; and

3.The negotiation or delivery is rightful and fully effective with respect to the title to the document and the goods it represents.

Free access — add to your briefcase to read the full text and ask questions with AI

If a person negotiates or delivers a document of title for value, otherwise than as a mere
intermediary under section 41-07-37, unless otherwise agreed, the transferor, in addition to any
warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:
1. The document is genuine;
2. The transferor does not have knowledge of any fact that would impair the document's
validity or worth; and
3. The negotiation or delivery is rightful and fully effective with respect to the title to the
document and the goods it represents.