N.D. Cent. Code § 10-19.1-60
This is the official text of N.D. Cent. Code § 10-19.1-60, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
10-19.1-60. Standard of conduct for officers
Official statutory text
10-19.1-60. Standard of conduct for officers
An officer shall discharge the duties of an office in good faith, in a manner the officer
reasonably believes to be in the best interests of the corporation, and with the care an ordinarily
prudent person in a like position would exercise under similar circumstances. An individual
exercising the principal functions of an office or to whom some or all of the duties and powers of
an office are delegated pursuant to section 10-19.1-59 is deemed an officer for purposes of this
section and sections 10-19.1-86 and 10-19.1-91.
An officer shall discharge the duties of an office in good faith, in a manner the officer
reasonably believes to be in the best interests of the corporation, and with the care an ordinarily
prudent person in a like position would exercise under similar circumstances. An individual
exercising the principal functions of an office or to whom some or all of the duties and powers of
an office are delegated pursuant to section 10-19.1-59 is deemed an officer for purposes of this
section and sections 10-19.1-86 and 10-19.1-91.
Status: in_force · Read it on the official government site
Need a lawyer in North Dakota?
Find a North Dakota lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.