1.    The venture capital network may not serve any fiduciary, advisory, or evaluative function in making referrals.

Terms Used In North Dakota Code 54-34-14

  • Fiduciary: A trustee, executor, or administrator.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
  • United States: includes the District of Columbia and the territories. See North Dakota Code 1-01-49

2.    The remedies and causes of action provided under the securities laws of the United States and this state apply to any conduct or activity of the venture capital network.