N.D.C.C. § 57-38-07.1 — Taxation of two or more member limited liability companies

For purposes of this chapter, a limited liability company having two or more members that is
formed under either the laws of this state or under similar laws of another state, and that is
considered to be a partnership for federal income tax purposes, is considered to be a
partnership and the members must be considered to be partners. A limited liability company
having two or more members that is not treated as a partnership for federal income tax
purposes must be treated as a corporation for state tax purposes.