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