North Dakota Rights of Operator Against A Defaulting Party Pre 1989 Agreements

State:
Multi-State
Control #:
US-OG-719
Format:
Word; 
Rich Text
Instant download

Description

This form is used if any party fails or is unable to pay its proportionate share of the costs for the operation, the Operator shall have the right to enforce the lien, or the Operator shall have the right, exercised before or after Completion of the operation.

How to fill out Rights Of Operator Against A Defaulting Party Pre 1989 Agreements?

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FAQ

North Dakota law broadly prohibits non-compete and non-solicitation provisions in contracts, particularly between employer and employee, but also for anyone entering into such an agreement outside of the employment context.

The Statute of Frauds in California what types of contract must be in writing, as well as what a written agreement must include. The statute of frauds is a law that deems certain types of verbal contracts non-binding and unenforceable without written evidence to support them.

9-08-06. A contract by which anyone is restrained from exercising a lawful profession, trade, or business of any kind is to that extent void, except: 1.

All contracts may be oral except such as are specially required by statute to be in writing. 9-06-03. Written contract prevented by fraud - Oral contract enforceable.

A court may not enforce an oral contract if one or both parties lack competency or legal capacity. Examples of situations where parties may be deemed incompetent or lacking legal capacity include: If one or both parties were under the influence of alcohol or other incapacitating substances.

Put simply: yes. From a legal standpoint, verbal contracts can often be as valid as written contracts. They may be extremely difficult to regulate but you should find comfort in knowing that there are applicable state and federal laws that can help enforce such contracts and protect your legal rights.

N.D. Cent. Code § 47-02-27.1 A contingent property interest is invalid unless: a. When the interest is created, it is certain to vest or terminate no later than twenty-one years after the death of an individual then alive; or b. The interest either vests or terminates within ninety years after its creation.

2d 700 (ND 1992). Must the agreement/contract be written? Oral contracts are valid.

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North Dakota Rights of Operator Against A Defaulting Party Pre 1989 Agreements