N.D. Cent. Code § 22-01-06

Current through the 2023 Legislative Sessions

Section 22-01-06 - Acceptance of offer to guaranty required - Exception in case of absolute guaranty

A mere offer to guaranty is not binding until notice of its acceptance is communicated by the guarantee to the guarantor. An absolute guaranty is binding upon the guarantor without a notice of acceptance.

N.D.C.C. § 22-01-06