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N.D. Cent. Code § 41-02.1-70

(2A-522) Lessee's right to goods on lessor's insolvency

Known as the Uniform Commercial Code

The act spans §§ 41-01-01 to 41-12-07 (597 sections).

1. Subject to subsection 2 and even though the goods have not been shipped, a lessee who has paid a part or all of the rent and security for goods identified to a lease contract (section 41-02.1-26) on making and keeping good a tender of any unpaid portion of the rent and security due under the lease contract may recover the goods identified to a lease contract only if they conform to the lease contract.

2. A lessee acquires the right to recover goods identified to a lease contract only if they conform to the lease contract.

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.