SB2276 — AN ACT to amend and reenact subsection 7 of section 10‑33‑21, section 10‑33‑100, and subsection 4 of section 10‑33‑108 of the North Dakota Century Code, relating to the prohibition of the diversion of restricted assets and the priority of those assets in a dissolution.

SB2276 — AN ACT to amend and reenact subsection 7 of section 10‑33‑21, section 10‑33‑100, and subsection 4 of section 10‑33‑108 of the North Dakota Century Code, relating to the prohibition of the diversion of restricted assets and the priority of those assets in a dissolution. · Informed CitizenryThis bill amends the North Dakota Century Code to regulate how corporations handle restricted assets and the priority of those assets during a corporate dissolution. It specifies that corporations…Open in Informed Citizenry