North Dakota § 10-33-37 Removal of directors by judicial proceeding

North Dakota Statutes

§ 10-33-37 — Removal of directors by judicial proceeding

North Dakota § 10-33-37

Title 10Corporations

Ch. 10-33Nonprofit Corporations

This text of North Dakota § 10-33-37 (Removal of directors by judicial proceeding) 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 § 10-33-37 (2026).

Text

1.The district court of the county in which the principal executive office of a corporation is located may remove any director of the corporation from office in a proceeding commenced either by the corporation, its members holding at least ten percent of the voting power of any class of shares, or the attorney general, if the court finds:

a.The director engaged in fraudulent or dishonest conduct, or gross abuse of authority or discretion, with respect to the corporation;

b.That the provisions of subsection 2 of section 10-33-27 have been violated; or

c.Final judgment has been entered finding the director has violated section

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1. The district court of the county in which the principal executive office of a corporation is
located may remove any director of the corporation from office in a proceeding
commenced either by the corporation, its members holding at least ten percent of the
voting power of any class of shares, or the attorney general, if the court finds:
a. The director engaged in fraudulent or dishonest conduct, or gross abuse of
authority or discretion, with respect to the corporation;
b. That the provisions of subsection 2 of section 10-33-27 have been violated; or
c. Final judgment has been entered finding the director has violated section