N.D. Cent. Code § 10-33-125: Foreign corporation - Governing law
Where this section sits in the code
- Title 10 Corporations
- Chapter 10-33 Nonprofit Corporations
1.Subject to the constitution of this state, the laws of the jurisdiction under which a foreign corporation is incorporated govern its incorporation and internal affairs. Nothing in this chapter authorizes this state to regulate the incorporation or internal affairs of a foreign corporation.
2.A foreign corporation may not be denied a certificate of authority to conduct activities in this state by reason of any difference between those laws and the laws of this state.
3.A foreign corporation holding a valid certificate of authority in this state has no greater rights and privileges than a corporation. The certificate of authority does not authorize the foreign corporation to exercise any of its powers or purposes that a corporation is forbidden by law to exercise in this state.
Collected 2026-09-02T21:04:14Z. Source file · JSON