{"data":{"id":"us-nd/n.d.-cent.-code-10-33-04","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 10-33-04","heading":"Purposes","body":"1.Unless otherwise limited in its articles, a corporation has a general purpose of engaging in any lawful nonprofit activity.\n2.A corporation may be incorporated under this chapter for any lawful nonprofit purpose, unless another statute requires incorporation under a different law. A corporation of this type engaging in conduct that is regulated by another statute is subject to the limitations of the other statute, except it may not:\na.Be formed for a purpose involving pecuniary gain to its members, other than to members that are nonprofit organizations, subdivisions, units, or agencies of the United States, a state, or a local government; or\nb.Pay dividends or other pecuniary remuneration, directly or indirectly, to its members, excluding members that are nonprofit organizations or subdivisions, units, or agencies of the United States, a state, or a local government.","path":["Title 10 Corporations","Chapter 10-33 Nonprofit Corporations"],"source_url":"https://ndlegis.gov/cencode/t10c33.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"66f4ecdb50d94708fdbd4a5e591782911cc98382b10952cdc791046325cfa999","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-10-33-03","next":"us-nd/n.d.-cent.-code-10-33-05"},"notice":"GroundRules: Original legal text. Not legal advice."}
