For purposes of this chapter, unless the context otherwise requires:

Need help with a review of an LLC operating agreement?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In North Dakota Code 10-36-02

  • 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

1.    “Foreign nonprofit limited liability company” means a nonprofit limited liability company which is organized under laws other than the laws of this state for a purpose for which a nonprofit limited liability company may be organized under this chapter.

2.    “Nonprofit limited liability company” means a nonprofit limited liability company, other than a foreign nonprofit limited liability company, that is organized under or governed by this chapter.