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Sales Agreement - Equipment - Free Editor

EQUIPMENT PURCHASE AND SALE AGREEMENT

Governed by North Dakota UCC Article 2 (N.D. Cent. Code Section 41-02-01 et seq.).

KEY PROVISIONS

  • Late Payment: 6% per annum statutory rate (N.D. Cent. Code Section 47-14-05)
  • Risk of Loss: N.D. Cent. Code Section 41-02-68
  • Inspection/Rejection: N.D. Cent. Code Sections 41-02-72, 41-02-79, 41-02-80
  • Warranties: N.D. Cent. Code Sections 41-02-43, 41-02-44, 41-02-45
  • Remedies: N.D. Cent. Code Sections 41-02-95, 41-02-99, 41-02-105, 41-02-106
  • Trade Secrets: North Dakota UTSA (N.D. Cent. Code Section 47-25.1-01 et seq.)
  • E-Signatures: North Dakota UETA (N.D. Cent. Code Section 9-16-01 et seq.)
  • Forum: District Court for Burleigh County or Cass County

EXECUTION

☐ All placeholders completed ☐ North Dakota-licensed counsel review

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Sales Agreement - Equipment

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