A corporation may agree to submit a matter to its shareholders whether or not the board determines, at any time after approving the matter, that the matter is no longer advisable and recommends that the shareholders reject it.
N.D. Cent. Code § 10-19.1-74.1
Contractual requirement to submit matter to shareholders
Known as the North Dakota Business Corporation Act
The act spans §§ 10-19.1-00.1 to 10-19.1-99 (185 sections).
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.