North Dakota § 54-06-40 Proxy voting

North Dakota Statutes

§ 54-06-40 — Proxy voting

North Dakota § 54-06-40

Title 54State Government

Ch. 54-06General Provisions

This text of North Dakota § 54-06-40 (Proxy voting) 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 § 54-06-40 (2026).

Text

1.Proxy votes made on behalf of state funds or the funds of political subdivisions which receive investment management services from the state must be made in accordance with the requirements provided in section 21-10-08.1.

2.A state entity may not adopt a practice of following the recommendations of a proxy advisory firm or other service provider unless the proxy advisory firm's or the service provider's voting guidelines comply with the requirements of section 21-10-08.1.

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1. Proxy votes made on behalf of state funds or the funds of political subdivisions which
receive investment management services from the state must be made in accordance
with the requirements provided in section 21-10-08.1.
2. A state entity may not adopt a practice of following the recommendations of a proxy
advisory firm or other service provider unless the proxy advisory firm's or the service
provider's voting guidelines comply with the requirements of section 21-10-08.1.