Page:2021 North Dakota Session Laws.pdf/324

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Corporations
Chapter 85

CORPORATIONS

CHAPTER 85

SENATE BILL NO. 2210

(Senator Klein)

(Representative Keiser)

AN ACT to create and enact subsection 5 of section 10-06.1-01 of the North Dakota Century Code, relating to filing requirements with the secretary of state; and to amend and reenact subsection 1 of section 10-01.1-08, sections 10-06.1-04, 10-06.1-05, 10-06.1-12, 10-06.1-15, 10-06.1-17, and 10-06.1-23, subsection 1 of section 10-15-42, subsection 4 of section 10-15-53.1, subsection 3 of section 10-32.1-89, subsections 1 and 2 of section 10-32.1-102, subdivision a of subsection 3 of section 10-33-01, section 10-33-13, subsection 3 of section 10-33-139, subsection 3 of section 10-36-07, sections 26.1-12.1-13, 40-04-06, and 43-54-03, subsection 3 of section 45-10.2-108, section 45-11-08.2, subsection 3 of section 45-22-21.1, sections 47-22-08 and 47-25-07, and subsection 1 of section 50-22-04 of the North Dakota Century Code, relating to filing requirements with the secretary of state.

BE IT ENACTED BY THE LEGISLATIVE ASSEMBLY OF NORTH DAKOTA:

SECTION 1. AMENDMENT. Subsection 1 of section 10-01.1-08 of the North Dakota Century Code is amended and reenacted as follows:

1. A represented entity may change the information currently on file under subsection 1 of section 10-01.1-05 by filing with the secretary of state a statement of change on forms prescribed by the secretary of state and signed on behalf of the entity which states:

a. The name of the entity; and

b. The information that is to be in effect as a result of the filing of the statement of change.

SECTION 2. Subsection 5 of section 10-06.1-01 of the North Dakota Century Code is created and enacted as follows:

5. "Operating the farm or ranch" means engaging in personal labor or management activities on or off the farm or ranch, which contribute to the farm or ranch operations.

SECTION 3. AMENDMENT. Section 10-06.1-04 of the North Dakota Century Code is amended and reenacted as follows:

10-06.1-04. Conversion of corporations.

A business corporation organizedregulated under chapter 10-19.1 may convert to a farming or ranching corporation by adopting an amendment to its articles of