N.D. Cent. Code § 10-35-20
This is the official text of N.D. Cent. Code § 10-35-20, 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.
10-35-20. Action by shareholders without a meeting
Official statutory text
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.
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.
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.