North Dakota Code 26.1-15.1-12 – Institutions
Current as of: 2023 | Check for updates
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1. A society may create, maintain, and operate, or may establish organizations to operate, not-for-profit institutions to further the purposes permitted by section 26.1-15.1-05. The institutions may furnish services free or at a reasonable charge. Any property owned, held, or leased by the society for these purposes must be reported in every annual statement.
Terms Used In North Dakota Code 26.1-15.1-12
- Property: includes property, real and personal. See North Dakota Code 1-01-49
2. No society may own or operate funeral homes or undertaking establishments.