N.D. Cent. Code § 10-35-20

Current through 2023 Legislative Sessions
Section 10-35-20 - Action by shareholders without a meeting
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.

N.D.C.C. § 10-35-20