North Dakota § 10-33-119 Effect of extension

North Dakota Statutes

§ 10-33-119 — Effect of extension

North Dakota § 10-33-119

Title 10Corporations

Ch. 10-33Nonprofit Corporations

This text of North Dakota § 10-33-119 (Effect of extension) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 10-33-119 (2026).

Text

Filing with the secretary of state of articles of amendment extending the period of duration of a corporation:

1.Relates back to the date of expiration of the original period of duration of the corporation as provided in the articles;

2.Validates contracts or other acts within the authority of the articles, and the corporation is liable for those contracts or acts; and

3.Restores to the corporation all the assets and rights of the corporation to the extent they were held by the corporation before expiration of its original period of duration, except those sold or otherwise distributed after that time.

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Filing with the secretary of state of articles of amendment extending the period of duration
of a corporation:
1. Relates back to the date of expiration of the original period of duration of the
corporation as provided in the articles;
2. Validates contracts or other acts within the authority of the articles, and the corporation
is liable for those contracts or acts; and
3. Restores to the corporation all the assets and rights of the corporation to the extent
they were held by the corporation before expiration of its original period of duration,
except those sold or otherwise distributed after that time.