§ 26.1-16-07 — Articles of incorporation - Filing - Approval - Deposit required - Authority to solicit

to solicit.
The articles of incorporation must be submitted to the commissioner who shall examine the
articles to ascertain whether they comply with all applicable requirements of the law. After the
articles have been approved by the commissioner, they must be filed in the office of the
secretary of state, and a certified copy must be filed with the commissioner. The society shall
deposit with the commissioner United States government bonds, United States treasury
certificates, bonds of the state of North Dakota, or certificates of deposit of the Bank of North
Dakota in the amount of at least two hundred fifty dollars. Upon filing the certified copy of its

articles and making the deposit, the society may solicit and secure the necessary preliminary
members as the basis for the issuance to it of a certificate of authority. The solicitation of such
members, however, must be conducted in accordance with any applicable rules adopted by the
commissioner.