N.D. Cent. Code § 26.1-05-08
26.1-05-08. Stock subscriptions
26.1-05-08. Stock subscriptions
The individuals associated for the purpose of organizing a stock insurance company under
this chapter, after having filed the articles of incorporation as required by section 26.1-05-06,
may open books for subscriptions to the capital stock of the company and keep the books open
until the full amount specified in the articles of incorporation is subscribed.