North Dakota Code 1-07-08 – Validation of acts of municipal officers
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Where the officers of any incorporated city of this state, prior to July 1, 1929, have purchased, erected, operated, maintained, enlarged, improved, extended, or leased from any person, firm, or corporation, or sold or leased to any person, firm, or corporation, any electric plant, system, or line, or part thereof, such acts of such municipal officers are legalized and validated.
Terms Used In North Dakota Code 1-07-08
- 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.
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
- 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