{"data":{"id":"us-nd/n.d.-cent.-code-57-38.6-01","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 57-38.6-01","heading":"Definitions","body":"As used in this chapter, unless the context otherwise requires:\n1.\"Agricultural commodity processing facility\" means:\na.A facility that through processing involving the employment of knowledge and labor adds value to an agricultural commodity capable of being raised in this state; or\nb.A livestock feeding, handling, milking, or holding operation that uses as part of its operation a byproduct produced at a biofuels production facility.\n2.\"Biofuels production facility\" means a corporation, limited liability company, partnership, individual, or association in this state:\na.Involved in production of diesel fuel containing at least five percent biodiesel or green diesel as defined in section 57-43.2-01;\nb.Involved in the production of corn-based ethanol or cellulose-based ethanol; or\nc.Involved in a soybean or canola crushing facility.\n3.\"Director\" means the director of the department of commerce division of economic development and finance.\n4.\"Passthrough entity\" has the same meaning as in section 57-38-01.\n5.\"Qualified business\" means a cooperative, corporation, partnership, or limited liability company that:\na.Is incorporated or organized in this state after December 31, 2000, for the primary purpose of being an agricultural commodity processing facility;\nb.Has been certified by the insurance commissioner to be in compliance under the securities laws of this state; and\nc.Has an agricultural commodity processing facility, or intends to locate one, in this state.\n6.\"Qualified investment\" means an investment in cash or an investment of a fee simple interest in real property located in this state. For purposes of this chapter, the definition of real property does not include any personal property that may become a fixture to the real property, as defined by chapter 41-09, which is added to the real property following investment of the real property in the qualified business.\n7.\"Taxpayer\" means an individual, estate, trust, corporation, or passthrough entity.","path":["Title 57 Taxation","Chapter 57-38.6 Agricultural Business Investment Tax Credit"],"source_url":"https://ndlegis.gov/cencode/t57c38-6.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"ce67091237704e1683919a4ca109a94e97793b9235b475b19ce42db63142d7fc","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-57-38.5-08","next":"us-nd/n.d.-cent.-code-57-38.6-02"},"notice":"GroundRules: Original legal text. Not legal advice."}