Statutes, codes, and regulations
North Dakota Century Code
Title 22 - GUARANTY, INDEMNITY, AND SURETYSHIP
Chapter 22-01 - GUARANTY
Section 22-01-10 - Guarantor of payment is liable upon default of principal - Demand or notice not required

N.D. Cent. Code § 22-01-10

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Current through the 2023 Legislative Sessions
Section 22-01-10 - Guarantor of payment is liable upon default of principal - Demand or notice not required

A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal and without a demand or notice.

N.D.C.C. § 22-01-10