The title and ownership of any real estate acquired in any manner by any domestic or foreign corporation after July 29, 1932, and before March 7, 1935, is declared to be valid for all purposes, subject, however, to chapter 10-06.1.

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Terms Used In North Dakota Code 1-08-08

  • 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.