North Dakota Code 9-12-08 – Extinction by offer – Exception
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An obligation is extinguished by an offer of performance made in conformity to the provisions set out in this chapter and with intent to extinguish the obligation. An offer of partial performance, however, is of no effect.
Terms Used In North Dakota Code 9-12-08
- 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.