North Dakota § 9-13-11 Rescinding acceptance

North Dakota Statutes

§ 9-13-11 — Rescinding acceptance

North Dakota § 9-13-11

Title 9Contracts and Obligations

Ch. 9-13Release and Substitutions of Obligation

This text of North Dakota § 9-13-11 (Rescinding acceptance) 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 § 9-13-11 (2026).

Text

When the obligation of a third person or an order upon such person is accepted in satisfaction, the creditor may rescind such acceptance if:

1.The debtor prevents such person from complying with the order or from fulfilling the obligation;

2.At the time the obligation or order is received, such person is insolvent and this fact is unknown to the creditor; or

3.Before the creditor with reasonable diligence can present the order to the person upon whom it is given, that person becomes insolvent.

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When the obligation of a third person or an order upon such person is accepted in
satisfaction, the creditor may rescind such acceptance if:
1. The debtor prevents such person from complying with the order or from fulfilling the
obligation;
2. At the time the obligation or order is received, such person is insolvent and this fact is
unknown to the creditor; or

3. Before the creditor with reasonable diligence can present the order to the person upon
whom it is given, that person becomes insolvent.