A BILL for an Act to create and enact a new subsection to section 10-32-02 of the North Dakota Century Code, relating to defining the term low-profit limited liability company; and to amend and reenact section 10-06.1-17, subsection 38 of section 10-32-02, subsections 2, 5, and 6 of section 10-32-02.2, subdivision b of subsection 1 of section 10-32-10, subsection 1 of section 10-32-114, subsection 2 of section 10-32-149, and subdivision c of subsection 1 of section 57-38-31.1 of the North Dakota Century Code, relating to low-profit limited liability companies.
Last Official Action
Second reading, failed to pass, yeas 23 nays 65