N.D. Cent. Code § 10-29-05
This is the official text of N.D. Cent. Code § 10-29-05, 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.
10-29-05. Stockholder's action
Official statutory text
10-29-05. Stockholder's action
Nothing herein contained shall be construed to prevent any stockholder from proving the
stockholder's right to the ownership of shares of stock in an action brought for that purpose in
any court of record of this state. Any judgment of any such court shall not affect the validity or
propriety of any action theretofore taken in good faith by the corporation on the basis of the new
stock and transfer book at the time of such action.
Nothing herein contained shall be construed to prevent any stockholder from proving the
stockholder's right to the ownership of shares of stock in an action brought for that purpose in
any court of record of this state. Any judgment of any such court shall not affect the validity or
propriety of any action theretofore taken in good faith by the corporation on the basis of the new
stock and transfer book at the time of such action.
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.