Fraudulent misrepresentation of property pledged - Rights of creditor

N.D. Cent. Code § 35-06-10
in effect
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35-06-10. Fraudulent misrepresentation of property pledged - Rights of creditor When a debtor has obtained credit or an extension of time by a fraudulent misrepresentation of the value of the property pledged by or for the debtor, the creditor may demand a further pledge to correspond with the value represented and in default thereof may recover the creditor's debt immediately though it is not actually due.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t35c06.pdf#nameddest=35-06-10Fetched: 10/16/2026

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