This bill proposes the creation of a new section in chapter 54-09 of the North Dakota Century Code, which mandates that organizations required to register with the Secretary of State must also file a statement certifying whether they are a "foreign organization of concern." This statement must be submitted simultaneously with other registration documents such as articles of incorporation or certificates of authority. The bill outlines that if the Secretary of State finds any falsified statements, they are to forward the filing to the Attorney General, who may then prosecute any violations in the appropriate district court.

Additionally, the bill establishes penalties for organizations that willfully violate this requirement, classifying such violations as a class B misdemeanor. It defines key terms, including "foreign country of concern" and "foreign organization of concern," referencing specific federal regulations and sanctions lists. This legislation aims to enhance transparency and accountability regarding foreign entities operating within North Dakota.

Statutes affected:
INTRODUCED: 47-10.1-05