North Dakota Statutes
§ 41-07-37 — (7-508) Warranties of collecting bank as to documents of title
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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North Dakota § 41-07-37 ((7-508) Warranties of collecting bank as to documents of title) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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) Presumptions