Loan for use defined

N.D. Cent. Code § 47-12-01
in effect
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47-12-01. Loan for use defined A loan for use is a contract by which a lender gives to a borrower the temporary possession and use of personal property and the borrower agrees to return the identical personal property to the lender at a future time without reward for its use.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t47c12.pdf#nameddest=47-12-01Fetched: 10/16/2026

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