North Dakota Code 12.1-03-04 – Definitions and general provisions
Current as of: 2023 | Check for updates
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1. In this chapter:
Terms Used In North Dakota Code 12.1-03-04
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Organization: includes a foreign or domestic association, business trust, corporation, enterprise, estate, joint venture, limited liability company, limited liability partnership, limited partnership, partnership, trust, or any legal or commercial entity. See North Dakota Code 1-01-49
- person: includes , where relevant, a corporation, limited liability company, partnership, unincorporated association, or other legal entity. See North Dakota Code 12.1-01-04
a. “Agent” means any partner, director, officer, governor, manager, servant, employee, or other person authorized to act in behalf of an organization.
b. “Organization” means any legal entity, whether or not organized as a corporation, limited liability company, or unincorporated association, but does not include an entity organized as or by a governmental agency for the execution of a governmental program.
2. Nothing in this chapter shall limit or extend the criminal liability of an unincorporated association.