N.D. Cent. Code § 10-32.1-29

This is the official text of N.D. Cent. Code § 10-32.1-29, 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.

10-32.1-29. Liability for contributions

Official statutory text

10-32.1-29. Liability for contributions

1. The obligation of a person to make a contribution to a limited liability company is not

excused by the death, disability, or other inability of the person to perform personally. If

a person does not make a required contribution, then the person or the estate of the

person is obligated to contribute money equal to the value of the part of the

contribution which has not been made, at the option of the company.

2. A creditor of a limited liability company which extends credit or otherwise acts in

reliance on an obligation described in subsection 1 may enforce the obligation.

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.