N.D. Cent. Code § 22-01-01

22-01-01. Definitions

Year: 2026Length: 65 wordsOfficial source
22-01-01. Definitions In this chapter, unless the context or subject matter otherwise requires: 1. A "continuing guaranty" means a guaranty relating to a future liability of the principal under successive transactions which either continue the liability or from time to time renew it after it has been satisfied. 2. A "guaranty" means a promise to answer for the debt, default, or miscarriage of another person.
N.D. Cent. Code § 22-01-01: 22-01-01. Definitions | Justis AI