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 § 10-35-20

Title 10Corporations

Ch. 10-35Publicly Traded Corporations

This text of North Dakota § 10-35-20 (Action by shareholders without a meeting) 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 § 10-35-20 (2026).

Text

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.