North Dakota Code 26.1-16-05 – Articles of incorporation – Contents
Persons proposing to form a benevolent society under this chapter shall subscribe and acknowledge articles of incorporation specifying:
Terms Used In North Dakota Code 26.1-16-05
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- 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. The name of the society, which must include the words “benevolent society”.
2. The purpose for which the society is to be formed.
3. A full and clear definition of the plan under which the society proposes to do business.
4. The time and place of holding meetings of the members of the society.
5. The location of the society’s principal office, which must be within this state.
6. The date for the commencement and for the termination of the fiscal year of the society.
7. The term for which the society is to be incorporated, which term may not exceed thirty years.
8. The number of directors, not less than five nor more than nine, all of whom must be residents of this state.
9. The names and addresses of the directors selected to serve until the first meeting of the members of the society.