N.D. Cent. Code § 10-30.5-03
This is the official text of N.D. Cent. Code § 10-30.5-03, 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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10-30.5-03. Organization
Official statutory text
10-30.5-03. Organization
A board of directors shall manage the corporation. The board of directors shall adopt and
amend articles of incorporation and bylaws consistent with the purposes detailed in this chapter.
The board of directors consists of eight members who shall serve three-year terms. The terms
must be staggered so that no more than three positions require reappointment in any one year.
The governor shall appoint the members and shall only consider representatives who serve in
executive capacities from the following areas in making the selections: private sector
manufacturing, finance, exported services, including tourism, and industrial technology and
research. There must be at least one member who is enrolled in a federally recognized North
Dakota Indian tribe who need not serve in an executive capacity, the commissioner of
commerce or the commissioner's designee, and one member from a rural area on the board of
directors. Members may be reappointed for additional terms.
A board of directors shall manage the corporation. The board of directors shall adopt and
amend articles of incorporation and bylaws consistent with the purposes detailed in this chapter.
The board of directors consists of eight members who shall serve three-year terms. The terms
must be staggered so that no more than three positions require reappointment in any one year.
The governor shall appoint the members and shall only consider representatives who serve in
executive capacities from the following areas in making the selections: private sector
manufacturing, finance, exported services, including tourism, and industrial technology and
research. There must be at least one member who is enrolled in a federally recognized North
Dakota Indian tribe who need not serve in an executive capacity, the commissioner of
commerce or the commissioner's designee, and one member from a rural area on the board of
directors. Members may be reappointed for additional terms.
Status: in_force · Read it on the official government site
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