(7-507) Warranties on negotiation or delivery of document of title
N.D. Cent. Code § 41-07-36
in effect41-07-36. (7-507) Warranties on negotiation or delivery of document of title
If a person negotiates or delivers a document of title for value, otherwise than as a mere
intermediary under section 41-07-37, unless otherwise agreed, the transferor, in addition to any
warranty made in selling or leasing the goods, warrants to its immediate purchaser only that:
1. The document is genuine;
2. The transferor does not have knowledge of any fact that would impair the document's
validity or worth; and
3. The negotiation or delivery is rightful and fully effective with respect to the title to the
document and the goods it represents.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c07.pdf#nameddest=41-07-36Fetched: 10/16/2026