North Dakota Code 26.1-34.1-06 – Grounds for denial, revocation, or suspension of certificate of exemption
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The commissioner may refuse to grant, or may revoke or suspend, a certificate of exemption if the commissioner finds that the corporation does not meet or continue to meet the requirements of this chapter or that the corporation has violated this chapter or chapter 26.1-04.
Terms Used In North Dakota Code 26.1-34.1-06
- 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.