When performance of the act for which a pledge is given is due in whole or in part, the pledgee may collect what is due the pledgee by a sale of the property pledged, subject to the rules and exceptions prescribed in this chapter and in sections 41-09-98 through 41-09-123.
N.D. Cent. Code § 35-06-11
Pledge enforced - Sale when performance due
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.