Merger of corporation conducting activities as a hospital with a corporation organized for profit - Retention of property tax status
N.D. Cent. Code § 10-33-93
in effect10-33-93. Merger of corporation conducting activities as a hospital with a corporation
organized for profit - Retention of property tax status.
Notwithstanding any provision of chapter 10-19.1 and this chapter, a corporation conducting
activities as a hospital may merge with a corporation incorporated for profit and form a
corporation incorporated under this chapter.
1. Notwithstanding chapter 57-02 or any other provision of law, any interest in property of
corporations merging under this section retains the same property tax status after the
merger as it had in the taxable year before the merger.
2. Notwithstanding chapter 57-39.2 or 57-40.2 or any other provision of law, the sale,
purchase, or use of any property by a corporation merging under this section retains
the same status under the sales and use tax laws after the merger as it would have
had before the merger.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t10c33.pdf#nameddest=10-33-93Fetched: 10/16/2026