N.D. Cent. Code § 10-06.1-04
This is the official text of N.D. Cent. Code § 10-06.1-04, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
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10-06.1-04. Conversion of corporations
Official statutory text
10-06.1-04. Conversion of corporations
1. A business corporation regulated under chapter 10-19.1 may convert to a farming or
ranching corporation or an authorized livestock farm corporation by adopting an
amendment to its articles of incorporation or by applying for an amended certificate of
authority which specifies that the corporation elects to be subject to this chapter and
by complying with all requirements of this chapter. The amendment must be filed with
the secretary of state with the prescribed fee and with the initial report required by
section 10-06.1-15 or 10-06.1-15.2.
2. A farming or ranching corporation or an authorized livestock farm corporation may
convert to a business corporation by adopting an amendment to its articles of
incorporation or by applying for an amended certificate of authority. The amendment
must be filed with the secretary of state with the prescribed fee. The amendment must
be accompanied by a report outlining the information, as of the date of the
amendment, which is required under section 10-06.1-17 or 10-06.1-17.1, and the
manner in which the corporation has divested itself of its owned or leased land
holdings and its business of farming or ranching.
1. A business corporation regulated under chapter 10-19.1 may convert to a farming or
ranching corporation or an authorized livestock farm corporation by adopting an
amendment to its articles of incorporation or by applying for an amended certificate of
authority which specifies that the corporation elects to be subject to this chapter and
by complying with all requirements of this chapter. The amendment must be filed with
the secretary of state with the prescribed fee and with the initial report required by
section 10-06.1-15 or 10-06.1-15.2.
2. A farming or ranching corporation or an authorized livestock farm corporation may
convert to a business corporation by adopting an amendment to its articles of
incorporation or by applying for an amended certificate of authority. The amendment
must be filed with the secretary of state with the prescribed fee. The amendment must
be accompanied by a report outlining the information, as of the date of the
amendment, which is required under section 10-06.1-17 or 10-06.1-17.1, and the
manner in which the corporation has divested itself of its owned or leased land
holdings and its business of farming or ranching.
Status: in_force · Read it on the official government site
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