North Dakota Statutes
§ 47-12-08 — Expenses in connection with borrowed personal property to be borne by borrower - Exception
borrower - Exception.
The borrower of personal property for use must bear all expenses in connection therewith
during the time the same is held under the loan, except such expenses as are necessary to
preserve the property from unexpected and unusual injury. For such expense, the borrower is
entitled to compensation from the lender who, however, may exonerate the lender by
surrendering the property to the borrower.
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North Dakota § 47-12-08 (Expenses in connection with borrowed personal property to be borne by borrower - Exception) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 47-01-01
Ownership defined§ 47-01-02
Property - Classification§ 47-01-03
Real property defined§ 47-01-04
Land defined§ 47-01-05
Fixtures defined§ 47-01-06
Appurtenances defined§ 47-01-07
Personal property defined§ 47-01-08
What may be subject to ownership§ 47-01-13
Ownership of land includes water