Rule 1.0, Rules of Professional Conduct - Proposed New Definitions
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(j) "Notice of dishonor" refers to the notice that an eligible financial institution is required to give, under the laws of this jurisdiction, upon presentation of an instrument that the institution dishonors.
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(k) "Properly payable" refers to an instrument that, if presented in the normal course of business, is in a form requiring payment under the laws of this jurisdiction.
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Reference: N.D.C.C. &S& 41-03-60. Minutes of the Professional Conduct Subcommittee of the
Attorney Standards Committee on 01/10/86 and 01/31/86; Minutes of the Joint Committee on
Attorney Standards Meetings of 06/13/95, 09/15/95, 12/01/95, 06/11/96, 09/24/04, 03/18/05,
06/14/05, 09/09/05, 06/10/08, 09/19/08, 11/07/08, 12/01/08.