North Dakota Code 9-12-26 – Deposit of thing offered – How held
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The person offering a thing other than money by way of performance, if that person means to treat it as belonging to the creditor, shall retain it as a depositary for hire until:
Terms Used In North Dakota Code 9-12-26
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
1. The creditor accepts it; 2. That person has given reasonable notice to the creditor that that person will retain it no longer; or
3. That person has deposited it with such suitable depositary therefor as that person is able to find with the exercise of reasonable diligence.