North Dakota § 41-01-15 - (1-301) Territorial applicability - Parties' power to choose applicable law
Full text of North Dakota North Dakota Century Code § 41-01-15 — (1-301) Territorial applicability - Parties' power to choose applicable law, with citation guidance and answers to common questions.
§ 41-01-15. (1-301) Territorial applicability - Parties' power to choose applicable law
1. Except as provided hereafter in this section, when a transaction bears a reasonable relation to this state and also to another state or nation the parties may agree that the law either of this state or of such other state or nation shall govern their rights and duties. Failing such agreement, this title applies to transactions bearing an appropriate relation to this state. 2. If one of the following provisions of this title specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law, including the conflict of laws rules, so specified: a. Rights of creditors against sold goods. Section 41-02-47. b. Applicability of the chapter on leases. Sections 41-02.1-05 and 41-02.1-06. c. Applicability of the chapter on bank deposits and collections. Section 41-04-02. d. e. f. g. h. Governing law in the chapter on funds transfers. Section 41-04.1-38. Letters of credit. Section 41-05-16. Applicability of the chapter on investment securities. Section 41-08-10. Law governing perfection, the effect of perfection or nonperfection, and the priority of security interests and agricultural liens. Sections 41-09-21 through 41-09-27. Governing law in the chapter on controllable electronic records. Section 41-12-07.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 41-01-15
What does North Dakota Century Code § 41-01-15 cover?
Section 41-01-15 ("(1-301) Territorial applicability - Parties' power to choose applicable law") 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 § 41-01-15?
A common citation format is "North Dakota Century Code § 41-01-15" (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 § 41-01-15 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.