N.D. Cent. Code § 35-06-10

Current through the 2023 Legislative Sessions
Section 35-06-10 - Fraudulent misrepresentation of property pledged - Rights of creditor

When a debtor has obtained credit or an extension of time by a fraudulent misrepresentation of the value of the property pledged by or for the debtor, the creditor may demand a further pledge to correspond with the value represented and in default thereof may recover the creditor's debt immediately though it is not actually due.

N.D.C.C. § 35-06-10