North Dakota Business Lawyers
Commercial law controls all aspects of business, including marketing, transactions, collections, and business organization. Specific ordinances and legal principles unique to North Dakota govern the application of law to businesses. In North Dakota, Commercial law is complex, and it includes principles that are very different from those that apply to individuals.
The Law of Transactions in North Dakota
In daily operating activities, a normal business buys and sells often. Some of these transactions are bound to pose problems. Contracts in North Dakota often require legal action to enforce, whether the contracts are formed with consumers or other businesses. It is best to plan beforehand through contracts and purchase agreements. But for these documents to be of legal effect, they must be drafted according to North Dakota law. Investing activities on a securities exchange also require an understanding of certain North Dakota and Federal laws. The laws of investments include specific provisions for corporations investing as entities.
Business Organization and the Law
North Dakota law determines the range of choices that a business has when organizing its business structure. The corporation has many advantages as a business form, and North Dakota law governs how a business may incorporate. Forming a business without considering the available options carefully may expose the company to unnecessary tax liability. Choosing the right business structure can be challenging. A North Dakota attorney can give personalized advice for your individual situation.
Interesting Facts About North Dakota
North Dakota is located in the Great Plains or "High Plains" of America, near the Canadian border. The state lies in the middle of the North American Continent; in the city of Rugby, a stone marks the "Geographic Center" of North America. With its central location, North Dakota is an important center for manufacturing in the U.S., especially in the area of technology.
North Dakota's highest court of law is the North Dakota Supreme Court. The court meets in the capitol building in the city of Bismarck. North Dakota's judicial branch is somewhat atypical because there is no permanent court of appeals. Instead, the Supreme Court is empowered to establish a "Temporary Court of Appeals". This temporary court is set up for specific claims and is presided over by a three-judge panel.
Other important courts in North Dakota are the Municipal Courts and the District Courts Many district courts in North Dakota have installed Odyssey systems, which allow for electronic filing of court documents. North Dakota is well-known for its extensive body of corporation law. In 1992, the Quill v. North Dakota case clarified rules for tax requirements for out-of-state corporations. The case is frequently cited, especially in relation to new developments like online sales taxes.
Lawyers in North Dakota typically file most lawsuits through the District Court system. North Dakota lawyers are skilled at interpreting the law and assisting clients with legal remedies. Attorneys in North Dakota tailor their legal services to the specific needs of the community.