N.D. Cent. Code § 10-30.5-01

This is the official text of N.D. Cent. Code § 10-30.5-01, 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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10-30.5-01. Definitions

Official statutory text

10-30.5-01. Definitions

As used in this chapter, unless the context otherwise requires:

1. "Board of directors" means the board of directors of the corporation.

2. "Corporation" means the North Dakota development fund, incorporated, established

under this chapter.

3. "North Dakota business" means a business owned by a North Dakota resident,

partnership, association, corporation, or limited liability company domiciled in this state

or a corporation or limited liability company, including a wholly owned subsidiary of a

foreign corporation or limited liability company that does business primarily in this state

or does substantially all of its production in this state.

4. "Primary sector business" has the meaning provided in section 1-01-49 but does not

include production agriculture.

5. "Production agriculture" means the production of crops and livestock on or near a farm

as part of the regular farm enterprise directed by a farm operator and the farm

operator's partners. The term does not include an investor-owned livestock feeding or

milking operation located apart from a farm headquarters which is managed by

employees.

Status: in_force · Read it on the official government site

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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.