North Dakota Code 40-33.3-02 – Agreement requirements
Current as of: 2023 | Check for updates
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The agreement to form a municipal pipeline authority shall state:
Terms Used In North Dakota Code 40-33.3-02
- 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.
- 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. That the authority is created and incorporated under this chapter as a municipal corporation and a political subdivision of the state.
2. The name of the authority, which is to include the words “municipal pipeline authority”.
3. The names of the cities which have approved the agreement.
4. The qualifications of member cities, any limitations upon their number, and any conditions of membership.
5. The location of the registered office of the authority.
6. Any other provision for regulating the business of the municipal pipeline authority or the conduct of its affairs which may be agreed upon by the member cities, consistent with this chapter.