Motor vehicle fuel franchise agreements

N.D. Cent. Code § 51-07-25
in effect
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51-07-25. Motor vehicle fuel franchise agreements A motor vehicle fuel franchise agreement may not require a security deposit except for the purpose of securing against loss of or damage to property. The dealer may satisfy any security deposit required by depositing cash or pledging a savings account or its equivalent in a financial institution in this state. Earnings accruing on a savings account or its equivalent are the property of the dealer and the dealer may withdraw the earnings annually from the account.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t51c07.pdf#nameddest=51-07-25Fetched: 10/16/2026

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