North Dakota Statutes
§ 9-14-07 — Restriction on use of negotiable instruments
In connection with a contract for invention development services, the invention developer
may not take from a customer a negotiable instrument other than a check as evidence of the
obligation of the customer. A holder is not a holder in due course if the holder takes a negotiable
instrument taken from a customer in violation of this section.
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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