North Dakota § 35-06-06 - Pledge to secure another's obligation - Effect - Withdrawal

Full text of North Dakota North Dakota Century Code § 35-06-06 — Pledge to secure another's obligation - Effect - Withdrawal, with citation guidance and answers to common questions.

§ 35-06-06. Pledge to secure another's obligation - Effect - Withdrawal

Property may be pledged as security for the obligation of a person other than the owner and in so doing the owner has all the rights of a pledgor for the owner except that one who pledges property as security for the obligation of another cannot withdraw the property pledged otherwise than as a pledgor might, and if the owner receives from the debtor a consideration for the pledge, the owner cannot withdraw it without the debtor's consent.

Source: official North Dakota text · Last verified 2026-08-27

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Frequently Asked Questions About North Dakota § 35-06-06

What does North Dakota Century Code § 35-06-06 cover?

Section 35-06-06 ("Pledge to secure another's obligation - Effect - Withdrawal") is part of the North Dakota Century Code, the codified statutory law of North Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite North Dakota § 35-06-06?

A common citation format is "North Dakota Century Code § 35-06-06" (North Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of North Dakota law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Dakota official source linked on this page or consult a licensed North Dakota attorney.

How does North Dakota § 35-06-06 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in North Dakota.