N.D. Cent. Code § 3-05-02
This is the official text of N.D. Cent. Code § 3-05-02, 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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3-05-02. Authority to bind both parties
Official statutory text
3-05-02. Authority to bind both parties
An auctioneer has authority from a bidder at the auction as well as from the seller to bind
both by a memorandum of the contract whenever a written memorandum is required by any
statute or by usage to make a valid contract of sale, and such memorandum must be in the form
and content prescribed.
An auctioneer has authority from a bidder at the auction as well as from the seller to bind
both by a memorandum of the contract whenever a written memorandum is required by any
statute or by usage to make a valid contract of sale, and such memorandum must be in the form
and content prescribed.
Status: in_force · Read it on the official government site
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