North Dakota Code 9-01-05 – Origin and enforcement of obligations
Current as of: 2023 | Check for updates
|
Other versions
An obligation arises from:
Terms Used In North Dakota Code 9-01-05
- Contract: A legal written agreement that becomes binding when signed.
- 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.
1. The contract of the parties; or
2. The operation of law.
An obligation arising from operation of law may be enforced in the manner provided by law or by civil action or proceeding.