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Code · North Dakota · Title 22 · Chapter 22-01 — Guaranty

22-01-06. Acceptance of offer to guaranty required - Exception in case of absolute

35 words·~1 min read·/nd/title-22/chapter-22-01-guaranty/22-01-06·

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guaranty.
A mere offer to guaranty is not binding until notice of its acceptance is communicated by the guarantee to the guarantor. An absolute guaranty is binding upon the guarantor without a notice of acceptance.
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