Statutes, codes, and regulations
North Dakota Century Code
Title 60 - WAREHOUSING AND DEPOSITS
Chapter 60-01 - DEPOSITS - GENERAL PROVISIONS
Section 60-01-43 - Deposit for exchange - Transfer of title

N.D. Cent. Code § 60-01-43

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Current through 2024 Legislative Session
Section 60-01-43 - Deposit for exchange - Transfer of title

A deposit for exchange transfers to the depositary the title to the thing deposited and merely creates between the depositary and the depositor the relation of debtor and creditor.

N.D.C.C. § 60-01-43