§ 22-03-01 Surety defined
§ 22-03-02 Surety appearing as principal may show status as surety – Exception
§ 22-03-03 Limitations on liability of surety
§ 22-03-04 Interpreting contract of suretyship
§ 22-03-05 Suretyship survives judgment
§ 22-03-06 Exoneration of surety – Methods
§ 22-03-07 Rights of surety same as rights of guarantor
§ 22-03-08 Surety may require creditors to proceed against principal
§ 22-03-09 Surety may compel principal to perform obligation when due
§ 22-03-10 Reimbursement of surety by principal – Claims for reimbursement against others
§ 22-03-11 Remedies of surety – Contribution from cosureties
§ 22-03-12 Security to which surety is entitled – Subrogation
§ 22-03-13 Property of surety and principal hypothecated – Property of principal applied to discharge of obligation
§ 22-03-14 Creditor entitled to security of debtor given to surety
§ 22-03-15 Joint control over moneys and assets of fiduciary

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Terms Used In North Dakota Code > Chapter 22-03 - Suretyship

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • 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.
  • Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
  • Property: includes property, real and personal. See North Dakota Code 1-01-49
  • written: include "typewriting" and "typewritten" and "printing" and "printed" except in the case of signatures and when the words are used by way of contrast to typewriting and printing. See North Dakota Code 1-01-37