Collection of publicly traded corporation franchise fee - Preferred debt

N.D. Cent. Code § 10-35-30
in effect
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10-35-30. Collection of publicly traded corporation franchise fee - Preferred debt The publicly traded corporation franchise fee shall be a debt due from the publicly traded corporation to the state for which an action at law may be maintained after the same shall have been in arrears for a period of one month. The publicly traded corporation franchise fee shall also be a preferred debt in case of insolvency.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t10c35.pdf#nameddest=10-35-30Fetched: 10/16/2026

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