19 chapters · 268 sections in this title.
N.D.C.C. § 13-01-01 Definitions of creditor and debtor
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In this chapter, unless the context or subject matter otherwise requires: 1. "Creditor" means one in whose favor an obligation exists by reason of which the person is or may become entitled to the payment of money. 2. "Debtor" means one who, by reason of an existing obligation, i…
N.D.C.C. § 13-01-02 Debtor's contract valid in absence of fraud
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In the absence of fraud, every contract of a debtor is valid against all of the debtor's creditors, existing or subsequent, who have not acquired a lien on the property affected by the contract.
N.D.C.C. § 13-01-03 Creditors may be preferred
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Except as otherwise provided in section 13-02.1-05, a debtor may pay one creditor in preference to another, or may give to one creditor security for the payment of that creditor's demand in preference to another.
N.D.C.C. § 13-01-04 Marshalling funds - Rights of creditors
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When a creditor is entitled to resort to each of several funds for the satisfaction of the creditor's claim and another person has an interest in, or is entitled as a creditor to resort to, some but not all of them, the latter may require the former to seek satisfaction from thos…