™Your Policy Risk Impact Agent
6 chapters · 48 sections in this title.
N.D.C.C. § 3-03-01 Rights and liabilities accruing to principal
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An agent represents the agent's principal for all purposes within the scope of the agent's actual or ostensible authority, and all the rights and liabilities which would accrue to the agent from the transactions within such limit, if they had been entered into on the agent's own …
N.D.C.C. § 3-03-02 Principal bound when agent exceeds authority
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When an agent exceeds the agent's authority, the agent's principal is bound by the agent's authorized acts so far only as they can be plainly separated from those which are unauthorized.
N.D.C.C. § 3-03-03 When ostensible authority binding
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A principal is bound by acts of the principal's agent under a merely ostensible authority to those persons only who in good faith and without ordinary negligence have incurred a liability or parted with value upon the faith thereof.
N.D.C.C. § 3-03-04 Instrument within scope of authority binding
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Any instrument within the scope of the agent's authority by which an agent intends to bind the agent's principal does bind the principal if such intent is plainly inferable from the instrument itself.
