N.D. Cent. Code § 3-03-07
This is the official text of N.D. Cent. Code § 3-03-07, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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3-03-07. Credit to agent - Principal exonerated
Official statutory text
3-03-07. Credit to agent - Principal exonerated
If exclusive credit is given to an agent by the person dealing with the agent, the agent's
principal is exonerated by payment or other satisfaction made by the principal to the agent in
good faith before receiving notice of the creditor's election to hold the principal responsible.
If exclusive credit is given to an agent by the person dealing with the agent, the agent's
principal is exonerated by payment or other satisfaction made by the principal to the agent in
good faith before receiving notice of the creditor's election to hold the principal responsible.
Status: in_force · Read it on the official government site
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