North Dakota Statutes
§ 9-05-06 — Executory consideration - Method of ascertaining
North Dakota § 9-05-06
This text of North Dakota § 9-05-06 (Executory consideration - Method of ascertaining) 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 § 9-05-06 (2026).
Text
When a consideration is executory, it is not indispensable that the contract should specify its
amount or the means of ascertaining it. It may be left to the decision of a third person or
regulated by any specified standard.
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Related
Sorenson v. Felton
2011 ND 33 (North Dakota Supreme Court, 2011)
Oil v. Riemer
2011 ND 22 (North Dakota Supreme Court, 2011)
Nearby Sections
15
§ 9-01-01
Definitions§ 9-01-02
Requisites of contract§ 9-01-04
Joint and several contracts§ 9-01-06
Obligations classified§ 9-01-07
Joint obligation - Presumption§ 9-01-08
Joint obligation - Contribution§ 9-01-09
Conditional obligation defined§ 9-01-11
Condition precedent defined§ 9-01-12
Conditions concurrent defined§ 9-01-13
Condition subsequent defined§ 9-01-14
Conditions unlawful or impossible§ 9-01-15
Forfeiture - InterpretationCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 9-05-06, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/9-05-06.