North Dakota Code 9-01-06 – Obligations classified
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An obligation imposed upon several persons, or a right created in favor of several persons, may be:
Terms Used In North Dakota Code 9-01-06
- 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. Joint; 2. Several; or
3. Joint and several.