How novation made

N.D. Cent. Code § 9-13-10
in effect
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9-13-10. How novation made Novation is made by the substitution of: 1. A new obligation between the same parties with intent to extinguish the old obligation; 2. A new debtor in the place of the old one with intent to release the latter; or 3. A new creditor in place of the old one with intent to transfer the rights of the latter to the former.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t09c13.pdf#nameddest=9-13-10Fetched: 10/16/2026

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