North Dakota § 41-02-03 - (2-103) Definitions and index of definitions
Full text of North Dakota North Dakota Century Code § 41-02-03 — (2-103) Definitions and index of definitions, with citation guidance and answers to common questions.
§ 41-02-03. (2-103) Definitions and index of definitions
1. In this chapter, unless the context otherwise requires: a. "Buyer" means a person who buys or contracts to buy goods. b. Reserved. c. "Receipt" of goods means taking physical possession of them. d. "Seller" means a person who sells or contracts to sell goods. 2. Other definitions applying to this chapter or to specified parts thereof, and the sections in which they appear are: a. "Acceptance". Section 41-02-69. b. "Banker's credit". Section 41-02-42. c. "Between merchants". Section 41-02-04. d. "Cancellation". Subsection 2 of section 41-02-06. e. "Commercial unit". Section 41-02-05. f. "Confirmed credit". Section 41-02-42. g. "Conforming to contract". Section 41-02-06. h. "Contract for sale". Section 41-02-06. i. "Cover". Section 41-02-91. j. "Entrusting". Section 41-02-48. k. "Financing agency". Section 41-02-04. l. "Future goods". Section 41-02-05. m. "Goods". Section 41-02-05. n. "Identification". Section 41-02-49. o. "Installment contract". Section 41-02-75. p. "Letter of credit". Section 41-02-42. q. "Lot". Section 41-02-05. r. "Merchant". Section 41-02-04. s. "Overseas". Section 41-02-40. t. "Person in position of seller". Section 41-02-86. u. "Present sale". Section 41-02-06. v. "Sale". Section 41-02-06. 3. 4. w. "Sale on approval". Section 41-02-43. x. "Sale or return". Section 41-02-43. y. "Termination". Section 41-02-06. "Control" as provided under section 41-07-06 and the following definitions in other chapters apply to this chapter: a. "Check". Section 41-03-04. b. "Consignee". Section 41-07-02. c. "Consignor". Section 41-07-02. d. "Consumer goods". Section 41-09-02. e. "Dishonor". Section 41-03-59. f. "Draft". Section 41-03-04. In addition, chapter 41-01 contains general definitions and principles of construction and interpretation applicable throughout this chapter.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 41-02-03
What does North Dakota Century Code § 41-02-03 cover?
Section 41-02-03 ("(2-103) Definitions and index of definitions") 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 § 41-02-03?
A common citation format is "North Dakota Century Code § 41-02-03" (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 § 41-02-03 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.