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---
type: "Bill"
title: "AN ACT to create and enact section 1032.130.1 of the North Dakota Century Code, relating to sharing of profits and losses; to amend and reenact subsection 2 of section 1032.115, section 1032.130, subsection 2 of section 1032.139, and sections 1032.145, 1032.154, 4510.264, and 451704 of the North Dakota Century Code, relating to limited liability company distributions and management and partnership transferable interests."
description: "AN ACT to create and enact section 1032.130.1 of the North Dakota Century Code, relating to sharing of profits and losses; to amend and reenact subsection 2 of section 1032.115, section 1032.130, subsection 2 of section 1032.139, and sections 1032.145, 1032.154, 4510.264, and 451704 of the North Dakota Century Code, relating to limited liability company distributions and management and partnership transferable interests."
jurisdiction: "us/states/nd"
legislature: "North Dakota Legislative Assembly"
session: "65"
identifier: "SB 2223"
citation: "North Dakota SB 2223 (65)"
classification: ["bill"]
subjects: ["CORPORATIONS", "PARTNERSHIPS", "SECRETARY OF STATE", "UNIFORM LAWS", "UNIFORM LAWS"]
status: "enacted"
primary_sponsors: ["Armstrong", "Klemin", "M. Johnson", "Nelson", "Schneider", "Sorvaag"]
version_count: 9
action_count: 26
vote_count: 4
first_action: "2017-01-13"
last_action: "2017-04-21"
source: "openstates"
source_identifier: "ocd-bill/eb3ec559-fb1d-4408-81fb-607debd8ddf4"
source_url: "http://www.legis.nd.gov/assembly/65-2017/bill-actions/ba2223.html"
source_hash: "0827aee7992adcccaf59068e1facaad9efd4fba44f7899f50c1b91247a03e2ed"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nd"]
---
# North Dakota SB 2223 (65) — AN ACT to create and enact section 1032.130.1 of the North Dakota Century Code, relating to sharing of profits and losses; to amend and reenact subsection 2 of section 1032.115, section 1032.130, subsection 2 of section 1032.139, and sections 1032.145, 1032.154, 4510.264, and 451704 of the North Dakota Century Code, relating to limited liability company distributions and management and partnership transferable interests.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **INTRODUCED** (filed) — [source](http://www.legis.nd.gov/assembly/65-2017/documents/17-0777-01000.pdf)
2. **Enrollment** (committee substitute) — [source](http://www.legis.nd.gov/assembly/65-2017/documents/17-0777-05000.pdf)
3. **FIRST ENGROSSMENT** (committee substitute) — [source](http://www.legis.nd.gov/assembly/65-2017/documents/17-0777-02000.pdf)
4. **FIRST ENGROSSMENT with Conference Committee Amendments** (committee substitute) — [source](http://www.legis.nd.gov/assembly/65-2017/documents/17-0777-04000.pdf)
5. **FIRST ENGROSSMENT with House Amendments** (committee substitute) — [source](http://www.legis.nd.gov/assembly/65-2017/documents/17-0777-03000.pdf)
6. **Prepared by the Legislative Council staff for House Industry, Business and Labor Committee** (committee substitute) — [source](http://www.legis.nd.gov/assembly/65-2017/documents/17-0777-02002a.pdf)
7. **Prepared by the Legislative Council staff for House Industry, Business and Labor Committee (Marked Up)** (committee substitute) — [source](http://www.legis.nd.gov/assembly/65-2017/documents/17-0777-02002m.pdf)
8. **Prepared by the Legislative Council staff for Senator Nelson** (committee substitute) — [source](http://www.legis.nd.gov/assembly/65-2017/documents/17-0777-01001a.pdf)
9. **Prepared by the Legislative Council staff for Senator Nelson (Marked Up)** (committee substitute) — [source](http://www.legis.nd.gov/assembly/65-2017/documents/17-0777-01001m.pdf)
## Votes
- The question being on the final passage of the amended bill, which has been read, the roll was called and there were 91 YEAS, 1 NAYS, 0 EXCUSED, 2 ABSENT AND NOT VOTING. — **911** (pass) · lower
- The question being on the final passage of the amended bill, which has been read, and has committee recommendation of DO PASS, the roll was called and there were 92 YEAS, 0 NAYS, 0 EXCUSED, 2 ABSENT AND NOT VOTING. — **920** (pass) · lower
- The question being on the final passage of the amended bill, which has been read, the roll was called and there were 46 YEAS, 0 NAYS, 0 EXCUSED, 1 ABSENT AND NOT VOTING. — **460** (pass) · upper
- The question being on the final passage of the amended bill, which has been read, and has committee recommendation of DO PASS, the roll was called and there were 46 YEAS, 0 NAYS, 0 EXCUSED, 1 ABSENT AND NOT VOTING. — **460** (pass) · upper
## Sponsors
- Armstrong — primary (person)
- Klemin — primary (person)
- M. Johnson — primary (person)
- Nelson — primary (person)
- Schneider — primary (person)
- Sorvaag — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-01-13** Introduced, first reading, referred Industry, Business and Labor Committee `introduction`
- **2017-01-25** Committee Hearing 09:30
- **2017-01-30** Reported back amended, do pass, amendment placed on calendar 6 0 1 `committee-passage-favorable, committee-passage`
- **2017-01-31** Amendment adopted, placed on calendar
- **2017-02-01** Second reading, passed, yeas 46 nays 0 `reading-2, passage`
- **2017-02-20** Received from Senate
- **2017-02-22** Introduced, first reading, referred Industry, Business and Labor Committee `introduction`
- **2017-03-06** Committee Hearing 02:00
- **2017-03-17** Reported back amended, do pass, amendment placed on calendar 13 0 1 `committee-passage-favorable, committee-passage`
- **2017-03-20** Amendment adopted, placed on calendar
- **2017-03-21** Second reading, passed as amended, yeas 92 nays 0 `reading-2, passage`
- **2017-03-22** Returned to Senate (12)
- **2017-03-30** Refused to concur
- **2017-03-30** Conference committee appointed Burckhard Casper Marcellais
- **2017-04-03** Conference committee appointed Sukut Bosch Dobervich
- **2017-04-06** Reported back from conference committee, amend, placed on calendar `committee-passage`
- **2017-04-07** Conference committee report adopted
- **2017-04-07** Second reading, passed, yeas 46 nays 0 `reading-2, passage`
- **2017-04-10** Reported back from conference committee, amend, placed on calendar `committee-passage`
- **2017-04-10** Conference committee report adopted
- **2017-04-10** Second reading, passed as amended, yeas 91 nays 1 `reading-2, passage`
- **2017-04-12** Signed by Speaker
- **2017-04-12** Signed by President
- **2017-04-12** Sent to Governor `executive-receipt`
- **2017-04-17** Signed by Governor 04/14 `executive-signature`
- **2017-04-21** Filed with Secretary Of State 04/17 `introduction`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/eb3ec559-fb1d-4408-81fb-607debd8ddf4`. Confidence: reported (aggregated from official North Dakota legislature records).