Limitations on liability of surety

N.D. Cent. Code § 22-03-03
in effect
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22-03-03. Limitations on liability of surety A surety cannot be held beyond the express terms of the surety's contract and if such contract prescribes a penalty for its breach, the surety cannot be liable in any case for more than the penalty.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t22c03.pdf#nameddest=22-03-03Fetched: 10/16/2026

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