Deposit for exchange - Transfer of title

N.D. Cent. Code § 60-01-43
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
60-01-43. Deposit for exchange - Transfer of title A deposit for exchange transfers to the depositary the title to the thing deposited and merely creates between the depositary and the depositor the relation of debtor and creditor.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t60c01.pdf#nameddest=60-01-43Fetched: 10/16/2026

Starting a business in North Dakota? North Dakota LLC guide: costs and requirements