North Dakota Statutes

§ 41-07-37 — (7-508) Warranties of collecting bank as to documents of title

North Dakota § 41-07-37
JurisdictionNorth Dakota
Title 41Uniform Commercial Code
Ch. 41-07Documents of Title

This text of North Dakota § 41-07-37 ((7-508) Warranties of collecting bank as to documents 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 § 41-07-37 (2026).

Text

A collecting bank or other intermediary known to be entrusted with documents of title on behalf of another or with collection of a draft or other claim against delivery of documents warrants by the delivery of the documents only its own good faith and authority even if the collecting bank or other intermediary has purchased or made advances against the claim or draft to be collected.

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Bluebook (online)
North Dakota § 41-07-37, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/41-07-37.