Duty of agent as collector of negotiable instrument
N.D. Cent. Code § 3-02-16
in effect3-02-16. Duty of agent as collector of negotiable instrument
An agent employed to collect a negotiable instrument must collect it promptly and take all
measures necessary to charge the parties thereto in case of its dishonor, and, if it is a bill of
exchange, must present it for acceptance with reasonable diligence.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t03c02.pdf#nameddest=3-02-16Fetched: 10/16/2026
