Current through 2023 Legislative Sessions
Section 10-33-67 - Court-ordered meeting of voting members1. The district court of the county where the principal executive office of a corporation is located may order a meeting to be held: a. If a meeting was not held within the earlier of six months after the fiscal yearend of the corporation or fifteen months after its last meeting: (1) On application of at least fifty members with voting rights or ten percent of the members with voting rights, whichever is less; or(2) On application of another person entitled to participate in the annual meeting; orb. On application of a voting member who signed a demand for a special meeting valid under section 10-33-66 or a person entitled to call a special meeting if:(1) Notice of the special meeting was not given within thirty days after the date the demand was delivered to a corporate officer; or(2) The special meeting was not held in accordance with the notice.2. The court may: a. Fix the time and place of the meeting;b. Specify a record date for determining members entitled to notice of and to vote at the meeting;c. Prescribe the form and content of the meeting notice;d. Fix the quorum required for specific matters to be considered at the meeting, or direct that the votes represented at the meeting constitute a quorum for action on those matters; ande. Enter other orders necessary to accomplish the purposes of the meeting.3. If the court orders a meeting, it may also order the corporation to pay the costs of the member, including reasonable attorney's fees incurred to obtain the order.