Statutes, codes, and regulations
North Dakota Century Code
Title 9 - CONTRACTS AND OBLIGATIONS
Chapter 9-05 - CONSIDERATION
Section 9-05-06 - Executory consideration - Method of ascertaining

N.D. Cent. Code § 9-05-06

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Current through 2024 Legislative Session
Section 9-05-06 - Executory consideration - Method of ascertaining

When a consideration is executory, it is not indispensable that the contract should specify its amount or the means of ascertaining it. It may be left to the decision of a third person or regulated by any specified standard.

N.D.C.C. § 9-05-06