North Dakota Statutes
§ 9-13-10 — How novation made
Novation is made by the substitution of:
1.A new obligation between the same parties with intent to extinguish the old obligation;
2.A new debtor in the place of the old one with intent to release the latter; or
3.A new creditor in place of the old one with intent to transfer the rights of the latter to
the former.
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Related
Matter of Estate of Murphy
554 N.W.2d 432 (North Dakota Supreme Court, 1996)
Monarch Photo, Inc. v. Qualex, Inc.
935 F. Supp. 1028 (D. North Dakota, 1996)
Fain v. Integrity Environmental
2022 ND 221 (North Dakota Supreme Court, 2022)
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