Statutes, codes, and regulations
North Dakota Century Code
Title 47 - PROPERTY
Chapter 47-12 - LOANS OF PERSONAL PROPERTY FOR USE
Section 47-12-08 - Expenses in connection with borrowed personal property to be borne by borrower - Exception

N.D. Cent. Code § 47-12-08

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Current through 2024 Legislative Session
Section 47-12-08 - Expenses in connection with borrowed personal property to be borne by borrower - Exception

The borrower of personal property for use must bear all expenses in connection therewith during the time the same is held under the loan, except such expenses as are necessary to preserve the property from unexpected and unusual injury. For such expense, the borrower is entitled to compensation from the lender who, however, may exonerate the lender by surrendering the property to the borrower.

N.D.C.C. § 47-12-08