™Your Policy Risk Impact Agent
14 chapters · 631 sections in this title.
N.D.C.C. § 41-02-47 (2-402) Rights of seller's creditors against sold goods
1.3K chars
1. Except as provided in subsections 2 and 3, rights of unsecured creditors of the seller with respect to goods which have been identified to a contract for sale are subject to the buyer's rights to recover the goods under this chapter (sections 41-02-50 and 41-02-95). 2. A credi…
N.D.C.C. § 41-02-48 (2-403) Power to transfer - Good-faith purchase of goods - Entrusting
1.4K chars
1. A purchaser of goods acquires all title which the purchaser's transferor had or had power to transfer except that a purchaser of a limited interest acquires rights only to the extent of the interest purchased. A person with voidable title has power to transfer a good title to …
N.D.C.C. § 41-02-49 (2-501) Insurable interest in goods - Manner of identification of goods
1.5K chars
1. The buyer obtains a special property and an insurable interest in goods by identification of existing goods as goods to which the contract refers even though the goods so identified are nonconforming and the buyer has an option to return or reject them. Such identification can…
N.D.C.C. § 41-02-50 (2-502) Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency
1.0K chars
1. Subject to subsections 2 and 3 and even though the goods have not been shipped, a buyer who has paid a part or all of the price of goods in which the buyer has a special property under the provisions of section 41-02-49 may on making and keeping good a tender of any unpaid por…
