N.D. Cent. Code § 35-27-20

35-27-20. Collateral security does not impair lien - Exception

Year: 2026Length: 56 wordsOfficial source
35-27-20. Collateral security does not impair lien - Exception The taking of collateral or other security for an indebtedness for which a lien might be claimed under the provisions of this chapter in no way impairs the right to the lien unless the security, by express agreement, is given and received in lieu of the lien.
N.D. Cent. Code § 35-27-20: 35-27-20. Collateral security does not impair lien - Exception | Justis AI