North Dakota Statutes
§ 9-08-03 — Penalties and penal clauses void
Penalties imposed by contract for any nonperformance thereof are void.
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Related
Circle B Enterprises, Inc. v. Steinke
1998 ND 164 (North Dakota Supreme Court, 1998)
Fisher v. Schmeling
520 N.W.2d 820 (North Dakota Supreme Court, 1994)
Hendricks Property Management Corp. v. Birchwood Properties Ltd. Partnership
2007 ND 181 (North Dakota Supreme Court, 2007)
Industry Financial Corp. v. Redman
383 N.W.2d 847 (North Dakota Supreme Court, 1986)
Estate of Truax
2007 ND 182 (North Dakota Supreme Court, 2007)
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 - Interpretation