A pledgee or a pledgeholder for reward assumes the duties and liabilities of a depositary for reward. A gratuitous pledgeholder assumes the duties and liabilities of a gratuitous depositary.
N.D. Cent. Code § 35-06-08
Liability of pledgee and of pledgeholder
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.