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N.D. Cent. Code § 10-36-05

Limitations on persons who may be members

Known as the North Dakota Nonprofit Limited Liability Company Act

The act spans §§ 10–10 (9 sections).

An individual may not be a member of, or own any financial rights or governance rights in, a nonprofit 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.