N.D. Cent. Code § 10-19.1-76
This is the official text of N.D. Cent. Code § 10-19.1-76, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
10-19.1-76. Quorum of shareholders
Official statutory text
10-19.1-76. Quorum of shareholders
1. Unless otherwise provided in the articles or bylaws, a quorum for a meeting of
shareholders is the holders of a majority of the voting power of the shares entitled to
vote at the meeting.
2. Except as provided in subdivision b, a quorum is necessary for the transaction of
business at a meeting of shareholders.
a. If a quorum is not present, a meeting may be adjourned from time to time for that
reason.
b. If a quorum has been present at a meeting and shareholders have withdrawn
from the meeting so that less than a quorum remains, the shareholders still
present may continue to transact business until adjournment.
1. Unless otherwise provided in the articles or bylaws, a quorum for a meeting of
shareholders is the holders of a majority of the voting power of the shares entitled to
vote at the meeting.
2. Except as provided in subdivision b, a quorum is necessary for the transaction of
business at a meeting of shareholders.
a. If a quorum is not present, a meeting may be adjourned from time to time for that
reason.
b. If a quorum has been present at a meeting and shareholders have withdrawn
from the meeting so that less than a quorum remains, the shareholders still
present may continue to transact business until adjournment.
Status: in_force · Read it on the official government site
Need a lawyer in North Dakota?
Find a North Dakota lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.