N.D. Cent. Code § 10-19.1-123
This is the official text of N.D. Cent. Code § 10-19.1-123, 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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10-19.1-123. Deposit with administrator of abandoned property of amount due certain shareholders - Appropriation
Official statutory text
10-19.1-123. Deposit with administrator of abandoned property of amount due certain
shareholders - Appropriation.
Upon dissolution of a corporation, the portion of the assets distributable to a person who is
unknown or cannot be found must be reduced to money and deposited with the administrator of
abandoned property for disposition pursuant to chapter 47-30.2. The amount deposited is
appropriated to the administrator of abandoned property and must be paid over to the person or
a legal representative, upon proof satisfactory to the administrator of abandoned property of a
right to payment.
shareholders - Appropriation.
Upon dissolution of a corporation, the portion of the assets distributable to a person who is
unknown or cannot be found must be reduced to money and deposited with the administrator of
abandoned property for disposition pursuant to chapter 47-30.2. The amount deposited is
appropriated to the administrator of abandoned property and must be paid over to the person or
a legal representative, upon proof satisfactory to the administrator of abandoned property of a
right to payment.
Status: in_force · Read it on the official government site
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