N.D. Cent. Code § 10-19.1-128
This is the official text of N.D. Cent. Code § 10-19.1-128, 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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10-19.1-128. Effect of extension
Official statutory text
10-19.1-128. Effect of extension
Filing with the secretary of state of articles of amendment extending the period of duration
of a corporation:
1. Relates back to the date of expiration of the original period of duration of the
corporation as provided in the articles;
2. Validates contracts or other acts within the authority of the articles, and the corporation
is liable for those contracts or acts; and
3. Restores to the corporation all the assets and rights of the corporation to the extent
they were held by the corporation before expiration of its original period of duration,
except those sold or otherwise distributed after that time.
Filing with the secretary of state of articles of amendment extending the period of duration
of a corporation:
1. Relates back to the date of expiration of the original period of duration of the
corporation as provided in the articles;
2. Validates contracts or other acts within the authority of the articles, and the corporation
is liable for those contracts or acts; and
3. Restores to the corporation all the assets and rights of the corporation to the extent
they were held by the corporation before expiration of its original period of duration,
except those sold or otherwise distributed after that time.
Status: in_force · Read it on the official government site
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