US Lawyer Database

§ 57D-10-01 – Purpose; public policy.

57D-10-01. Purpose; public policy. (a) This Chapter is to be applied to promote its purposes and policies. (b) The purpose of this Chapter is to provide a flexible framework under which one or more persons may organize and manage one or more businesses as they determine to be appropriate with minimum prescribed formalities or constraints. […]

§ 57D-10-02 – Rules of construction; coordination with other law.

57D-10-02. Rules of construction; coordination with other law. (a) Unless displaced by this Chapter, the rules of law and equity supplement this Chapter. (b) The rule that statutes in derogation of the common law are to be strictly construed does not apply to this Chapter. (c) This Chapter modifies, limits, and supersedes the federal Electronic […]