N.D. Cent. Code § 10-33-87

This is the official text of N.D. Cent. Code § 10-33-87, 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.

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10-33-87. Plan approval

Official statutory text

10-33-87. Plan approval

1. A plan of merger or consolidation must be approved and adopted by each constituent

corporation as provided in this section.

2. If a constituent corporation has members with voting rights with respect to mergers

and consolidations as required by section 10-33-42, the board of directors of the

corporation shall adopt a resolution by the affirmative vote of a majority of all directors

approving a proposed plan of merger or consolidation and directing that the plan be

submitted to a vote at a meeting of the members with voting rights. Notice of the

meeting must be given to each member with voting rights, accompanied by a copy or

summary of the proposed plan. Unless the articles or bylaws require a greater vote,

the plan of merger or consolidation is adopted upon receiving the affirmative vote of a

majority of the members with voting rights voting on the action.

3. When a constituent corporation does not have a member with voting rights and unless

the articles or bylaws require a greater vote, a plan of merger or consolidation is

adopted at a meeting of the board of directors of the corporation upon receiving the

affirmative votes of a majority of all directors. Notice of the meeting must be given to all

directors accompanied by a copy of the proposed plan of merger or consolidation.

Status: in_force · Read it on the official government site

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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.