North Dakota § 10-33-93 Merger of corporation conducting activities as a hospital with a corporation organized for profit - Retention of property tax status

North Dakota Statutes

§ 10-33-93 — Merger of corporation conducting activities as a hospital with a corporation organized for profit - Retention of property tax status

North Dakota § 10-33-93

Title 10Corporations

Ch. 10-33Nonprofit Corporations

This text of North Dakota § 10-33-93 (Merger of corporation conducting activities as a hospital with a corporation organized for profit - Retention of property tax status) 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 § 10-33-93 (2026).

Text

organized for profit - Retention of property tax status. Notwithstanding any provision of chapter 10-19.1 and this chapter, a corporation conducting activities as a hospital may merge with a corporation incorporated for profit and form a corporation incorporated under this chapter.

1.Notwithstanding chapter 57-02 or any other provision of law, any interest in property of corporations merging under this section retains the same property tax status after the merger as it had in the taxable year before the merger.

2.Notwithstanding chapter 57-39.2 or 57-40.2 or any other provision of law, the sale, purchase, or use of any property by a corporation merging under this section retains the same status under the sales and use tax laws after the merger as it would have had before the merger.

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organized for profit - Retention of property tax status.
Notwithstanding any provision of chapter 10-19.1 and this chapter, a corporation conducting
activities as a hospital may merge with a corporation incorporated for profit and form a
corporation incorporated under this chapter.
1. Notwithstanding chapter 57-02 or any other provision of law, any interest in property of
corporations merging under this section retains the same property tax status after the
merger as it had in the taxable year before the merger.
2. Notwithstanding chapter 57-39.2 or 57-40.2 or any other provision of law, the sale,
purchase, or use of any property by a corporation merging under this section retains
the same status under the sales and use tax laws after the merger as it would have
had before the merger.