N.D. Cent. Code § 10-06.1-07
This is the official text of N.D. Cent. Code § 10-06.1-07, 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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10-06.1-07. Industrial and business purpose - Exception
Official statutory text
10-06.1-07. Industrial and business purpose - Exception
A corporation or limited liability company that is not engaged in the business of farming or
ranching may own or lease farmland or ranchland when the land is necessary for residential or
commercial development; the siting of buildings, plants, facilities, industrial parks, or similar
business or industrial purposes of the corporation or limited liability company; or for uses
supportive of or ancillary to adjacent land that is not farmland or ranchland for the benefit of both
land parcels. The farmland or ranchland while not being immediately used for any purpose of
the corporation or limited liability company must be available to be leased by persons who farm
or ranch as sole proprietorships or partnerships, or by farming or ranching corporations or
farming or ranching limited liability companies.
A corporation or limited liability company that is not engaged in the business of farming or
ranching may own or lease farmland or ranchland when the land is necessary for residential or
commercial development; the siting of buildings, plants, facilities, industrial parks, or similar
business or industrial purposes of the corporation or limited liability company; or for uses
supportive of or ancillary to adjacent land that is not farmland or ranchland for the benefit of both
land parcels. The farmland or ranchland while not being immediately used for any purpose of
the corporation or limited liability company must be available to be leased by persons who farm
or ranch as sole proprietorships or partnerships, or by farming or ranching corporations or
farming or ranching limited liability companies.
Status: in_force · Read it on the official government site
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