N.D. Cent. Code § 10-19.1-132
This is the official text of N.D. Cent. Code § 10-19.1-132, 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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10-19.1-132. Foreign corporation - Governing law
Official statutory text
10-19.1-132. Foreign corporation - Governing law
1. Subject to the constitution of this state, the laws of the jurisdiction under which a
foreign corporation is incorporated govern its incorporation and internal activities.
a. Nothing in this chapter authorizes this state to regulate the incorporation or
internal activities of a foreign corporation.
b. A foreign corporation may not be denied a certificate of authority to conduct
activities in this state by reason of any difference between the laws of the
jurisdiction under which the foreign corporation was incorporated and the laws of
this state.
2. A foreign corporation holding a valid certificate of authority in this state has no greater
rights and privileges than a domestic corporation. The certificate of authority does not
authorize the foreign corporation to exercise any of its powers or purposes that a
domestic corporation is forbidden by law to exercise in this state.
3. A foreign corporation may not be denied a certificate of authority to conduct activities
in this state by reason of any difference between the laws of the jurisdiction under
which the foreign corporation is incorporated and the laws of this state.
1. Subject to the constitution of this state, the laws of the jurisdiction under which a
foreign corporation is incorporated govern its incorporation and internal activities.
a. Nothing in this chapter authorizes this state to regulate the incorporation or
internal activities of a foreign corporation.
b. A foreign corporation may not be denied a certificate of authority to conduct
activities in this state by reason of any difference between the laws of the
jurisdiction under which the foreign corporation was incorporated and the laws of
this state.
2. A foreign corporation holding a valid certificate of authority in this state has no greater
rights and privileges than a domestic corporation. The certificate of authority does not
authorize the foreign corporation to exercise any of its powers or purposes that a
domestic corporation is forbidden by law to exercise in this state.
3. A foreign corporation may not be denied a certificate of authority to conduct activities
in this state by reason of any difference between the laws of the jurisdiction under
which the foreign corporation is incorporated and the laws of this state.
Status: in_force · Read it on the official government site
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