N.D. Cent. Code § 3-02-16

3-02-16. Duty of agent as collector of negotiable instrument

Year: 2026Length: 52 wordsOfficial source
3-02-16. Duty of agent as collector of negotiable instrument An agent employed to collect a negotiable instrument must collect it promptly and take all measures necessary to charge the parties thereto in case of its dishonor, and, if it is a bill of exchange, must present it for acceptance with reasonable diligence.
N.D. Cent. Code § 3-02-16: 3-02-16. Duty of agent as collector of negotiable instrument | Justis AI