§ 61-13-01 Corporations or limited liability companies may be organized for irrigation purposes
§ 61-13-02 Powers of corporations and limited liability companies organized under chapter
§ 61-13-03 Articles of incorporation or bylaws may restrict sales to stockholders – When stock to become appurtenant to land – Sale of water to others
§ 61-13-03.1 Articles of organization or bylaws may restrict sales to members – When membership interest to become appurtenant to land – Sale of water to others
§ 61-13-04 Assessments may be levied upon capital stock

Terms Used In North Dakota Code > Chapter 61-13 - Organization of Corporations for Irrigation Purposes

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • 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.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Organization: includes a foreign or domestic association, business trust, corporation, enterprise, estate, joint venture, limited liability company, limited liability partnership, limited partnership, partnership, trust, or any legal or commercial entity. See North Dakota Code 1-01-49
  • Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
  • Property: includes property, real and personal. 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
  • United States: includes the District of Columbia and the territories. See North Dakota Code 1-01-49
  • year: means twelve consecutive months. See North Dakota Code 1-01-33