N.D. Cent. Code § 6-07.2-16
This is the official text of N.D. Cent. Code § 6-07.2-16, 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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6-07.2-16. Execution and filing of articles with department - Certificate of dissolution
Official statutory text
6-07.2-16. Execution and filing of articles with department - Certificate of dissolution
1. The articles of dissolution must be executed in duplicate and presented in duplicate to
the department of financial institutions.
a. Upon presentation of the articles of dissolution, the commissioner shall endorse
the commissioner's approval upon each of the duplicate copies of the articles if
the commissioner finds the articles conform to law.
b. The commissioner shall file one copy of the articles in the department and issue
two certificates of dissolution. The commissioner shall file one certificate of
dissolution with the department and shall deliver the second to the receiver.
2. Upon the issuance of the certificate of dissolution, the institution is dissolved and its
existence ceases. Upon the issuance of the certificate of dissolution, the receiver is
authorized, as agent for the directors and shareholders of any subsidiary trust
company, to file any and all documents with the secretary of state necessary to
terminate the subsidiary trust company's corporate existence under applicable
corporate law.
1. The articles of dissolution must be executed in duplicate and presented in duplicate to
the department of financial institutions.
a. Upon presentation of the articles of dissolution, the commissioner shall endorse
the commissioner's approval upon each of the duplicate copies of the articles if
the commissioner finds the articles conform to law.
b. The commissioner shall file one copy of the articles in the department and issue
two certificates of dissolution. The commissioner shall file one certificate of
dissolution with the department and shall deliver the second to the receiver.
2. Upon the issuance of the certificate of dissolution, the institution is dissolved and its
existence ceases. Upon the issuance of the certificate of dissolution, the receiver is
authorized, as agent for the directors and shareholders of any subsidiary trust
company, to file any and all documents with the secretary of state necessary to
terminate the subsidiary trust company's corporate existence under applicable
corporate law.
Status: in_force · Read it on the official government site
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