Statutes, codes, and regulations
North Dakota Century Code
Title 22 - GUARANTY, INDEMNITY, AND SURETYSHIP
Chapter 22-01 - GUARANTY
Section 22-01-04 - Guaranty to be in writing - Exception - Consideration need not be expressed

N.D. Cent. Code § 22-01-04

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Current through 2024 Legislative Session
Section 22-01-04 - Guaranty to be in writing - Exception - Consideration need not be expressed

Except when a guaranty is deemed an original obligation as provided in section 22-01-05, a guaranty must be in writing and signed by the guarantor, but the writing need not express a consideration.

N.D.C.C. § 22-01-04