North Dakota § 10-35-20 Action by shareholders without a meeting

North Dakota Statutes

§ 10-35-20 — Action by shareholders without a meeting

North Dakota·Title 10 Corporations·Ch. 10-35 Publicly Traded Corporations

1.An action required or permitted to be taken at a meeting of the shareholders of a publicly traded corporation may be taken without a meeting by one or more records signed by shareholders who own voting power equal to the voting power that would be required to take the same action at a meeting of the shareholders at which all shareholders were present.

2.Action may not be taken by a publicly traded corporation by ballot of its shareholders without a meeting.

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1. An action required or permitted to be taken at a meeting of the shareholders of a
publicly traded corporation may be taken without a meeting by one or more records
signed by shareholders who own voting power equal to the voting power that would be
required to take the same action at a meeting of the shareholders at which all
shareholders were present.
2. Action may not be taken by a publicly traded corporation by ballot of its shareholders
without a meeting.

North Dakota § 10-35-20 (Action by shareholders without a meeting) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.