North Dakota Code 47-13-05 – Indemnity to borrower for concealed defects
Current as of: 2023 | Check for updates
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The lender of personal property for exchange shall indemnify the borrower for damages caused by defects or vices in it of which the lender knew at the time of the exchange and concealed from the borrower.
Terms Used In North Dakota Code 47-13-05
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.