North Dakota Code § 54-34-13

Duties and functions of venture capital network
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The venture capital network may:
1. Solicit, compile, profile, and maintain current information describing opportunities for 
risk capital investment in new or emerging business ventures.
2. Identify active informal investors and profile their distinguishing investment objectives.
3. Provide, for a reasonable fee, a timely, confidential, and objective referral system 
serving both entrepreneurs and investors.
4. Maintain statistics on the operation of the venture capital network, including the 
number of profiled entrepreneurs and investors, referrals, and referrals resulting in 
investment.

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