Statutes, codes, and regulations
North Dakota Century Code
Title 32 - JUDICIAL REMEDIES
Chapter 32-01 - GENERAL PROVISIONS
Section 32-01-12 - Conditions of relief from forfeiture

N.D. Cent. Code § 32-01-12

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Current through 2024 Legislative Session
Section 32-01-12 - Conditions of relief from forfeiture

Whenever by the terms of an obligation a party thereto incurs a forfeiture, or a loss in the nature of a forfeiture, by reason of the party's failure to comply with its provisions, the party may be relieved therefrom upon making full compensation to the other party, except in case of a grossly negligent, willful, or fraudulent breach of duty.

N.D.C.C. § 32-01-12