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N.D. Cent. Code § 10-35-13

Call of special meeting of shareholders

Known as the North Dakota Publicly Traded Corporations Act

The act spans §§ 10–10 (33 sections).

1. A publicly traded corporation shall hold a special meeting of shareholders upon the demand of its shareholders as provided in section 10-19.1-72, except that, regardless of the purpose for the meeting, the shareholders demanding the meeting must own beneficially ten percent or more of the voting power of all shares entitled to vote on each issue proposed to be considered at the special meeting.

2. The articles or bylaws of a publicly traded corporation may not restrict:

a. The period during which shareholders may call a special meeting of shareholders; or b. The business that may be conducted at a special meeting.

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.