North Dakota Code 22-01-16 – Void or voidable promise of creditor does not exonerate
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A promise by a creditor, which for any cause is void or voidable by the creditor at the creditor’s option, does not alter the obligation nor suspend nor impair the remedy within the meaning of section 22-01-15.
Terms Used In North Dakota Code 22-01-16
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.