Definitions
N.D. Cent. Code § 22-01-01
in effect22-01-01. Definitions
In this chapter, unless the context or subject matter otherwise requires:
1. A "continuing guaranty" means a guaranty relating to a future liability of the principal
under successive transactions which either continue the liability or from time to time
renew it after it has been satisfied.
2. A "guaranty" means a promise to answer for the debt, default, or miscarriage of
another person.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t22c01.pdf#nameddest=22-01-01Fetched: 10/16/2026