N.D. Cent. Code § 36-08-06

Current through 2023 Legislative Sessions

Section 36-08-06 - Articles of association

Articles of association for grazing associations are subject to the general law governing cooperatives, and must also set forth whether the property and grazing rights and interests of each member of the association are equal or unequal, and if unequal, the general rule or rules applicable to all members by which:

1. The property and grazing rights and interest of each member must be determined and fixed.

2. New members may be admitted by the association.

3. Such new members are entitled to share in the property of the association with the old members.

N.D.C.C. § 36-08-06