No existing corporation or limited liability company is dissolved on account of the repeal of any statute pursuant to which it was organized, nor may the powers specified in its charter, certificate, articles of incorporation, or articles of organization be impaired or limited thereby. No repeal impairs, annuls, diverts, or disturbs any vested rights, privileges, or powers actually exercised and enjoyed in or by any corporation or limited liability company under such repealed laws.
N.D. Cent. Code § 1-02-29
Repeal of incorporating law does not dissolve existing corporation or limited liability company
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.