North Dakota Statutes
§ 9-12-24 — Deposit extinguishes obligation
An obligation for the payment of money is extinguished by a due offer of payment if the
amount immediately is deposited in the name of the creditor with some bank of deposit of good
repute within this state, and notice thereof is given to the creditor.
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Related
State v. Hammer
2010 ND 152 (North Dakota Supreme Court, 2010)
Huber v. Farmers Union Service Ass'n of North Dakota
2010 ND 151 (North Dakota Supreme Court, 2010)
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