Limited Liability Companies 

North Dakota Code > Title 10 > Chapter 10-32 > § 10-32-130.2 - Effect of extension

Filing with the secretary of state of articles of amendment extending the period of duration of a limited liability company:

          1.    Relates back to the date of expiration of the original period of duration of the limited liability company as provided in the articles;

          2.    Validates contracts or other acts within the authority of the articles, and the limited liability company is liable for those contracts or acts; and

          3.    Restores to the limited liability company all the assets and rights of the limited liability company to the extent they were held by the limited liability company before expiration of its original period of duration, except those sold or otherwise distributed after that time.

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