N.D. Admin Code 70-02-03-14 - Accepting nonnegotiable instruments
A broker or salesperson shall not accept any note or any nonnegotiable instrument or anything of value not readily negotiable as a deposit on a contract or offer to purchase without the knowledge and permission of the broker's or salesperson's principal.
Notes
General Authority: NDCC 43-23-11.1(1)
Law Implemented: NDCC 43-23-11.1(1)
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