Option - Limitation of time for performance

N.D. Cent. Code § 9-01-18
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
9-01-18. Option - Limitation of time for performance If the party having the right of selection between alternative acts does not give notice of that party's selection to the other party within the time, if any, fixed by the obligation for that purpose, or, if none is fixed, before the time at which the obligation ought to be performed, the right of selection passes to the other party.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t09c01.pdf#nameddest=9-01-18Fetched: 10/16/2026

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