North Dakota § 10-30-13 Pre-emptive right not authorized

North Dakota Statutes

§ 10-30-13 — Pre-emptive right not authorized

North Dakota § 10-30-13

Title 10Corporations

Ch. 10-30Development Corporations

This text of North Dakota § 10-30-13 (Pre-emptive right not authorized) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 10-30-13 (2026).

Text

The holders of capital stock as such shall have no pre-emptive or preferential right to
purchase or subscribe for any part of the unissued capital stock of the corporation of any class
or for any new issue of stock of any class, whether now or hereafter authorized or issued, or to
purchase or subscribe for any bonds or other obligations, whether or not convertible into stock
of any class of the corporation, now or hereafter authorized or issued.

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The holders of capital stock as such shall have no pre-emptive or preferential right to
purchase or subscribe for any part of the unissued capital stock of the corporation of any class
or for any new issue of stock of any class, whether now or hereafter authorized or issued, or to
purchase or subscribe for any bonds or other obligations, whether or not convertible into stock
of any class of the corporation, now or hereafter authorized or issued.