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Current as of January 01, 2024 | Updated by Findlaw Staff
A corporation or limited liability company not engaged in the business of farming or ranching may own or lease farmland or ranchland, when the business of the corporation or limited liability company is conducting surface coal mining operations or related energy conversion, and when the owning or leasing of farmland or ranchland is reasonably necessary in the conduct of the business of surface coal mining or related energy conversion. When the necessity for owning or leasing of farmland or ranchland no longer exists, the exception provided in this section ceases and the corporation or limited liability company owning or leasing the lands is subject to this chapter.
Cite this article: FindLaw.com - North Dakota Century Code Title 10. Corporations § 10-06.1-06. Surface coal mining--Exception - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-10-corporations/nd-cent-code-sect-10-06-1-06/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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