32-01-12. Conditions of relief from forfeiture.
60 words·~1 min read·
/nd/title-32/chapter-32-01-general-provisions/32-01-12·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Whenever by the terms of an obligation a party thereto incurs a forfeiture, or a loss in the nature of a forfeiture, by reason of the party's failure to comply with its provisions, the party may be relieved therefrom upon making full compensation to the other party, except in case of a grossly negligent, willful, or fraudulent breach of duty.