Title 14, Chapter 4, Section 62
( 14-4-62)
Corporations shall have continuous succession during the time
limited by their articles of incorporation or charters,
notwithstanding the death of their members. Should any articles of
incorporation or charter granted to a private corporation be silent
as to its continuance, such articles of incorporation or charter
shall expire at the end of 30 years from the date of its grant by
the Secretary of State. |