Title 4, Economic Resources

Exclusive Use. Covenant funds in the parity lot subaccounts of the trust account, or interest earned therefrom, may only be used to pay or provide for the payment of principal, premium and interest on bonds the proceeds of which are required by the indenture of trust to be expend…

Lapse of Trust Account Funds. If, for any reason whatsoever, Covenant funds, or interest earned therefrom, are no longer needed to secure, or to make, principal or interest payments to bondholders, then, within 60 days after such determination by CEDA and the bond trustee, CEDA s…

Investment of Funds in Parity Lot Subaccounts. The Covenant funds trustee is authorized to invest and reinvest amounts in parity lot subaccounts of the trust account as allowed by law and as directed by CEDA. Source: PL 5-37, § 3 (§ 10507); PL 22-1, § 3 (June 7, 2021).

Revolving Fund Proceeds; Use. Loan agreement repayments made by an autonomous public agency shall be deposited only into the revolving fund for financing of additional revenue and non-revenue producing capital improvement projects as are approved pursuant to House Joint Resolutio…

Bar Tax. (a) There is imposed upon any person doing business in any establishment located in the Commonwealth which is licensed to serve alcoholic beverages for consumption on the premises of the establishment, a tax in the amount of 10 percent of the total charge for any alcohol…

Hotel Occupancy Tax. (a) An occupancy tax is imposed upon transient occupants of a room or rooms in a hotel, lodging house, motel, resort motel, apartment, apartment motel, rooming house, private residence, bed and breakfast, condominium or similar facility located in the Commonw…

Amusement Machines. (a) There is imposed the following annual license fees for the commercial operation of amusement machines in the Commonwealth as follows: (1) For amusement machines (other than poker, pachinko, or similar amusement machines) whose major element is skill and wh…

Limitation on Number of Poker Machine Licenses Issued. (a) Except as provided in subsection (c) or (d) of this section, the total number of poker machine licenses issued under this chapter shall not exceed 200 per each senatorial district. (b) A license application shall designat…

Gaming Machine Jackpot Tax. A tax on all winnings from poker machines, pachinko machines, slot machines, pachinko slot machines, and similar gaming devices shall be assessed as follows: (a) Jackpot winnings shall be assessed a thirty percent tax of which twenty percent shall be a…

Criminal Penalty. (a) A person commits a criminal offense when he places or causes to be placed into operation an unlicensed poker, pachinko slot or similar amusement machine and, upon conviction, shall be punished by a fine not to exceed $2,000 or six months imprisonment or both…

Regulation. (a) The Secretary of Finance shall promulgate reasonable rules and regulations which shall provide for, inter alia, the issuance of licenses, relocation of amusement machines, temporary suspension or permanent revocation of licenses, seizure of amusement machines, to …

Reservation of License Revenue. (a) The Secretary of Finance shall first reserve $13,000,000.00 of the revenues generated from the licensing of amusement machines under 4 CMC § 1503(a)(2) and 4 CMC § 1503(a)(5) for reimbursement to the Second and Third Senatorial Districts for th…

No Minors Allowed to Play Pachinko Slot or Similar Machines. A person who is less than 18 years old shall not be allowed to play under 4 CMC § 1503(a)(5). Source: PL 9-29, § 8, modified. Commission Comment: The Commission corrected an incorrect crossreference to 4 CMC § 1504(a)(5…

Repeal of Certain Pachinko Regulations; Restrictions on Regulations. Section 2400.3 (p) and (q) of the “Rules and Regulations for the Operation of Pachinko Slot Machines in the Commonwealth of the Northern Mariana Islands” promulgated by the Department of Finance and published on…

Special Accounts. The Secretary of Finance shall establish the following special accounts into which all revenues raised from the licensing of electronic table games under 4 CMC § 1503(a)(6) above shall be deposited: (a) Retirement Defined Benefit Plan Members Fund. The Secretary…

Disposition of Taxes. (a) The Secretary of Finance shall establish a special Cannabis Tax Account (CTA) separate from the general funds. The funds in the CTA Account shall not lapse and shall not be subject to fiscal year limitation. The taxes collected pursuant to 4 CMC § 1402(a…

Registered Office and Registered Agent. Each corporation must continuously maintain in the Commonwealth: (a) A registered office that may be the same as any of its places of business; and (b) A registered agent, who may be: (1) An individual who resides in the Commonwealth and wh…

Change of Registered Office or Registered Agent. (a) A corporation may change its registered office or registered agent by delivering to the Registrar of Corporations for filing a statement of change that sets forth: (1) The name of the corporation; (2) The mailing address and lo…

Resignation of Registered Agent. (a) A registered agent may resign his agency appointment by signing and delivering to the Registrar of Corporations for filing the signed original and two exact or conformed copies of a statement of resignation. The statement may include a stateme…

Service on Corporation. (a) A corporation’s registered agent is the corporation’s agent for service of process, notice, or demand required or permitted by law to be served on the corporation. (b) If a corporation has no registered agent, or the agent cannot with reasonable dilige…

Member’s Distributional Interest. (a) A member is not a co-owner of, and has no transferable interest in, property of a limited liability company. (b) A distributional interest in a limited liability company is personal property and, subject to sections 4872 and 4873, may be tran…

Transfer of Distributional Interest. A transfer of a distributional interest does not entitle the transferee to become or to exercise any rights of a member. A transfer entitles the transferee to receive, to the extent transferred, only the distributions to which the transferor w…

Rights of Transferee. (a) A transferee of a distributional interest may become a member of a limited liability company if and to the extent that the transferor gives the transferee the right in accordance with authority described in the operating agreement or all other members co…

Rights of Creditor. (a) On application by a judgment creditor of a member of a limited liability company or of a member’s transferee, a court having jurisdiction may charge the distributional interest of the judgment debtor to satisfy the judgment. The court may appoint a receive…

Definitions. When used in this chapter: (a) “Alcoholic beverage” means beer, distilled spirits, wine and tuba, and every liquid which contains one-half of one percent or more of alcohol by volume and which is fit for beverage purposes, either alone or when combined with other sub…

Applicability. (a) The statutes in this chapter shall be applicable to each senatorial district, unless the senatorial district enacts local laws pursuant to subsection (b) below which differ from the statutes contained herein. (b) Except as provided by 4 CMC § 5512 (c), a senato…

Regulations. The Department of Commerce is authorized to promulgate rules and regulations to implement the intent and provisions of 4 CMC §§ 5511(j), 5554 and 5557. Source: PL 16-27, § 5, modified. Commission Comment: The Commission substituted “4 CMC §§ 5511(j), 5554 and 5557” (…

License Required. Except as authorized in this chapter, a person shall not import, manufacture, or sell alcoholic beverages without a license. Source: MIDC § 11.08.010. Commission Comment: See the comment to 4 CMC § 5511.

Revocation or Voluntary Surrender; Disposal of Stock. A person in possession of a stock of lawfully acquired alcoholic beverages following the revocation or voluntary surrender of, or failure to renew a license, may sell such stock, under supervision of the board in such manner a…

Exception: Sacramental Wines. A religious organization may import or receive without a license, sacramental wine for use in the religious rites of such religious organization. Source: MIDC § 11.08.030.

Exception: New Arrivals. A person entering the Commonwealth for the first time or returning to the Commonwealth after an absence of 15 days, may bring with him for private use, and not for resale, alcoholic beverages not exceeding one gallon in quantity without a license. Any qua…

Nonprofit Organization: Temporary License Authorized; Fee Exemption; Term. The Governor may issue a temporary on-sale license to any recognized nonprofit organization for the sale of alcoholic beverages without the payment of the required license fee. The period for which a tempo…

Classes and Fees. The Secretary of Commerce shall have the authority to create a new Class-7 Special Liquor License and a new Class-8 Special Casino Liquor License and a new Class 9 Special Electronic Gaming Liquor License and to promulgate application filing and license fees for…

Fees: License. License fees shall be paid in full prior to the issuance of a license. Upon payment of the required fee, each license shall be for a period of one year from the date of issuance. Source: MIDC § 11.08.060; PL 17-83 § 2(b) (September 23, 2012), modified.

Fees: Payment; Revocation. Except for a temporary beer license which the Secretary of Commerce is authorized to issue for a period not to exceed three days, the license fee as specified in 4 CMC § 5526 for issuance of the license, is payable each year on the same day and month th…

Privileges: Limitations. A licensee is limited to the privileges conferred by the license and may not exercise any other privileges. Source: MIDC § 11.08.080. Commission Comment: See the comment to 4 CMC § 5511.

Licensees: Limitations. A licensee is limited to the premises for which the license is issued and may not exercise the privileges conferred by the license at other premises. Source: MIDC § 11.08.090.

Manufacturer: Authorized Manufacturing. (a) Subject to the Commonwealth public health regulations and the provisions of this chapter, a person holding a manufacturer’s license may manufacture alcoholic beverages for sale to any appropriately licensed wholesaler. (b) Small Batch N…

Wholesaler: Authorized Imports, Purchases and Sales. (a) A person holding a wholesale dealer license may import into or purchase in the Commonwealth from a manufacturer, agent, or wholesaler the alcoholic beverages specified by the board, and sell such alcoholic beverages to lice…

Retail On-Sale Licensee: Authorized Sales. A person holding a retail dealer on-sale license may sell to consumers, for consumption on the premises where sold, the alcoholic beverages specified by the board. Source: MIDC § 11.08.120. Commission Comment: See the comment to 4 CMC § …

Retail Off-Sale Licensee: Authorized Sales. A person holding a retail dealer off-sale license may sell to consumers for consumption off the premises where sold. Source: MIDC § 11.08.130.

Temporary Beer Licensee: Authorized Sales. A person holding the temporary beer license may sell beer for consumption on premises temporarily occupied for the purposes of picnics, special gatherings, or similar occasions under conditions specified by the board for a period not exc…

Club Licensee: Authorized Sales. A club license is a combined general license and retail on-sale and retail offsale license and authorizes the licensee to sell liquors to members of the club and guests enjoying the privilege of membership. Source: MIDC § 11.08.150.

Issuance Restrictions: Real Party in Interest. The board shall not issue a license of any class to any applicant who is not the real party in interest. Source: MIDC § 11.08.160. Commission Comment: With respect to the reference to the Alcoholic Beverage Control Board, see Executi…

Issuance Restrictions: Minors. The board shall not issue a license to any person under 21 years of age. Source: MIDC § 11.08.170. Commission Comment: With respect to the reference to the Alcoholic Beverage Control Board, see Executive Order 94-3 (effective August 23, 1994), reorg…

Issuance Restrictions: Prior Revokee. Except in the case of a license revoked for nonpayment of renewal fee, the board shall not issue a license of any class to any person who held an alcoholic beverages license of any class which was revoked within a one year period prior to the…