N.D. Cent. Code § 9-14-07

Current through 2024 Legislative Session
Section 9-14-07 - Restriction on use of negotiable instruments

In connection with a contract for invention development services, the invention developer may not take from a customer a negotiable instrument other than a check as evidence of the obligation of the customer. A holder is not a holder in due course if the holder takes a negotiable instrument taken from a customer in violation of this section.

N.D.C.C. § 9-14-07