Chapter

North Dakota Business Corporation Act

N.D. Cent. Code § 10-19.1-00.1— Citation
N.D. Cent. Code § 10-19.1-01— Definitions
N.D. Cent. Code § 10-19.1-01.1— Legal recognition of electronic records and electronic signatures
N.D. Cent. Code § 10-19.1-01.2— Knowledge and notice
N.D. Cent. Code § 10-19.1-02— Application to corporations incorporated after June 30, 1985
N.D. Cent. Code § 10-19.1-02.1— Reservation of legislative right
N.D. Cent. Code § 10-19.1-03— Election prior to mandatory application
N.D. Cent. Code § 10-19.1-04— Mandatory application
N.D. Cent. Code § 10-19.1-05— Retention of two-thirds majority
N.D. Cent. Code § 10-19.1-06— Transition
N.D. Cent. Code § 10-19.1-07— Reservation of legislative power
N.D. Cent. Code § 10-19.1-08— Purposes
N.D. Cent. Code § 10-19.1-09— Incorporators
N.D. Cent. Code § 10-19.1-10— Articles
N.D. Cent. Code § 10-19.1-11— Filing of articles of incorporation
N.D. Cent. Code § 10-19.1-12— Effective date of incorporation
N.D. Cent. Code § 10-19.1-13— Corporate name
N.D. Cent. Code § 10-19.1-14— Reserved name
N.D. Cent. Code § 10-19.1-15— Registered office - Registered agent
N.D. Cent. Code § 10-19.1-16— Change of registered office or registered agent - Change of name of registered agent
N.D. Cent. Code § 10-19.1-17— Amendment of articles
N.D. Cent. Code § 10-19.1-18— Procedure for amendment when no shares are outstanding
N.D. Cent. Code § 10-19.1-19— Procedure for amendment after issuance of shares
N.D. Cent. Code § 10-19.1-20— Class or series voting on amendments
N.D. Cent. Code § 10-19.1-21— Articles of amendment
N.D. Cent. Code § 10-19.1-22— Effect of amendment
N.D. Cent. Code § 10-19.1-23— Filing articles of amendment
N.D. Cent. Code § 10-19.1-24— Effective date of articles of amendment
N.D. Cent. Code § 10-19.1-25— Amendment of articles in court-supervised reorganization
N.D. Cent. Code § 10-19.1-26— General powers
N.D. Cent. Code § 10-19.1-27— Corporate seal
N.D. Cent. Code § 10-19.1-28— Defense of ultra vires
N.D. Cent. Code § 10-19.1-29— Unauthorized assumption of corporate powers - Liability
N.D. Cent. Code § 10-19.1-30— Organization
N.D. Cent. Code § 10-19.1-31— Bylaws
N.D. Cent. Code § 10-19.1-32— Board
N.D. Cent. Code § 10-19.1-33— Number of directors
N.D. Cent. Code § 10-19.1-34— Qualifications and election of directors
N.D. Cent. Code § 10-19.1-35— Terms of directors
N.D. Cent. Code § 10-19.1-36— Acts not void or voidable
N.D. Cent. Code § 10-19.1-37— Compensation of directors
N.D. Cent. Code § 10-19.1-38— Classification of directors
N.D. Cent. Code § 10-19.1-39— Voting for directors - Cumulative voting
N.D. Cent. Code § 10-19.1-40— Resignation of directors
N.D. Cent. Code § 10-19.1-41— Nonjudicial removal of directors
N.D. Cent. Code § 10-19.1-41.1— Removal of directors by judicial proceeding
N.D. Cent. Code § 10-19.1-42— Board vacancies
N.D. Cent. Code § 10-19.1-43— Board meetings
N.D. Cent. Code § 10-19.1-44— Absent directors
N.D. Cent. Code § 10-19.1-45— Quorum of directors
N.D. Cent. Code § 10-19.1-46— Act of the board
N.D. Cent. Code § 10-19.1-47— Action without meeting by directors
N.D. Cent. Code § 10-19.1-48— Board committees
N.D. Cent. Code § 10-19.1-49— Committee of disinterested persons
N.D. Cent. Code § 10-19.1-50— Standard of conduct for directors
N.D. Cent. Code § 10-19.1-51— Director conflicts of interest
N.D. Cent. Code § 10-19.1-52— Officers
N.D. Cent. Code § 10-19.1-53— Duties of officers and agents
N.D. Cent. Code § 10-19.1-54— Other officers
N.D. Cent. Code § 10-19.1-55— Multiple offices
N.D. Cent. Code § 10-19.1-56— Officers deemed elected
N.D. Cent. Code § 10-19.1-57— Contract rights
N.D. Cent. Code § 10-19.1-58— Resignation, removal, and vacancies for officers
N.D. Cent. Code § 10-19.1-59— Delegation by officers
N.D. Cent. Code § 10-19.1-60— Standard of conduct for officers
N.D. Cent. Code § 10-19.1-61— Authorized shares
N.D. Cent. Code § 10-19.1-61.1— Share dividends, divisions, and combinations
N.D. Cent. Code § 10-19.1-62— Subscriptions for shares
N.D. Cent. Code § 10-19.1-63— Consideration for shares - Value and payment - Liability
N.D. Cent. Code § 10-19.1-64— Rights to purchase
N.D. Cent. Code § 10-19.1-65— Pre-emptive rights
N.D. Cent. Code § 10-19.1-66— Share certificates - Issuance and contents - Uncertificated shares
N.D. Cent. Code § 10-19.1-67— Lost share certificates - Replacement
N.D. Cent. Code § 10-19.1-68— Fractional shares
N.D. Cent. Code § 10-19.1-69— Liability of subscribers and shareholders with respect to shares
N.D. Cent. Code § 10-19.1-70— Restriction on transfer or registration of securities
N.D. Cent. Code § 10-19.1-71— Regular meetings of shareholders
N.D. Cent. Code § 10-19.1-72— Special meetings of shareholders
N.D. Cent. Code § 10-19.1-72.1— Court-ordered meeting of shareholders
N.D. Cent. Code § 10-19.1-73— Notice of shareholder meetings
N.D. Cent. Code § 10-19.1-73.1— Electronic communications
N.D. Cent. Code § 10-19.1-73.2— Voting rights
N.D. Cent. Code § 10-19.1-73.3— Voting list
N.D. Cent. Code § 10-19.1-74— Act of the shareholders
N.D. Cent. Code § 10-19.1-74.1— Contractual requirement to submit matter to shareholders
N.D. Cent. Code § 10-19.1-75— Shareholder action without a meeting
N.D. Cent. Code § 10-19.1-75.1— Shareholder action by ballot
N.D. Cent. Code § 10-19.1-75.2— Remote communications for shareholder meetings
N.D. Cent. Code § 10-19.1-75.3— Number of shareholders
N.D. Cent. Code § 10-19.1-76— Quorum of shareholders
N.D. Cent. Code § 10-19.1-76.1— Voting of shares by organizations and legal representatives
N.D. Cent. Code § 10-19.1-76.2— Proxies
N.D. Cent. Code § 10-19.1-76.3— Acceptance of shareholder act by the corporation
N.D. Cent. Code § 10-19.1-77— Voting rights
N.D. Cent. Code § 10-19.1-78— Voting list
N.D. Cent. Code § 10-19.1-79— Voting of shares by organizations and legal representatives
N.D. Cent. Code § 10-19.1-80— Proxies
N.D. Cent. Code § 10-19.1-81— Voting trusts
N.D. Cent. Code § 10-19.1-82— Shareholder voting agreements
N.D. Cent. Code § 10-19.1-83— Shareholder control agreements
N.D. Cent. Code § 10-19.1-84— Books and records - Inspection
N.D. Cent. Code § 10-19.1-85— Financial statements
N.D. Cent. Code § 10-19.1-85.1— Equitable remedies for shareholders
N.D. Cent. Code § 10-19.1-86— Actions by shareholders
N.D. Cent. Code § 10-19.1-87— Rights of dissenting shareholders
N.D. Cent. Code § 10-19.1-88— Procedures for asserting dissenters' rights
N.D. Cent. Code § 10-19.1-89— Loans - Guarantees - Suretyship
N.D. Cent. Code § 10-19.1-90— Advances
N.D. Cent. Code § 10-19.1-91— Indemnification
N.D. Cent. Code § 10-19.1-92— Distributions
N.D. Cent. Code § 10-19.1-93— Power to acquire shares
N.D. Cent. Code § 10-19.1-94— Liability of shareholders for illegal distributions
N.D. Cent. Code § 10-19.1-95— Liability of directors for illegal distributions
N.D. Cent. Code § 10-19.1-96— Merger - Exchange - Transfer
N.D. Cent. Code § 10-19.1-97— Plan of merger or exchange
N.D. Cent. Code § 10-19.1-98— Plan approval
N.D. Cent. Code § 10-19.1-99— Articles of merger - Certificate
N.D. Cent. Code § 10-19.1-100— Merger of subsidiary into parent
N.D. Cent. Code § 10-19.1-100.1— Merger to effect a holding company reorganization
N.D. Cent. Code § 10-19.1-101— Abandonment of plan of merger or exchange
N.D. Cent. Code § 10-19.1-102— Effective date of merger or exchange - Effect
N.D. Cent. Code § 10-19.1-102.1— Continuance of corporate authority
N.D. Cent. Code § 10-19.1-103— Merger or exchange with foreign organization
N.D. Cent. Code § 10-19.1-104— Transfer of assets - When permitted
N.D. Cent. Code § 10-19.1-104.1— Conversion
N.D. Cent. Code § 10-19.1-104.2— Plan of conversion
N.D. Cent. Code § 10-19.1-104.3— Plan approval and amendment
N.D. Cent. Code § 10-19.1-104.4— Articles of conversion
N.D. Cent. Code § 10-19.1-104.5— Abandonment of conversion
N.D. Cent. Code § 10-19.1-104.6— Effective date of conversion - Effect
N.D. Cent. Code § 10-19.1-105— Methods of dissolution
N.D. Cent. Code § 10-19.1-106— Voluntary dissolution prior to the issuance of shares
N.D. Cent. Code § 10-19.1-107— Voluntary dissolution after the issuance of shares
N.D. Cent. Code § 10-19.1-108— Filing notice of intent to dissolve - Effect
N.D. Cent. Code § 10-19.1-109— Procedure in dissolution
N.D. Cent. Code § 10-19.1-110— Dissolution procedure for corporations that give notice to creditors and claimants
N.D. Cent. Code § 10-19.1-110.1— Dissolution procedure for corporations that do not give notice to creditors and claimants
N.D. Cent. Code § 10-19.1-111— Claims in dissolution
N.D. Cent. Code § 10-19.1-112— Revocation of dissolution proceedings
N.D. Cent. Code § 10-19.1-113— Articles of dissolution - Certificate of dissolution - Effect
N.D. Cent. Code § 10-19.1-113.1— Filing of articles of dissolution - Effective date of dissolution - Certificate
N.D. Cent. Code § 10-19.1-114— Supervised voluntary dissolution
N.D. Cent. Code § 10-19.1-115— Involuntary dissolution
N.D. Cent. Code § 10-19.1-116— Procedure in involuntary or supervised voluntary dissolution
N.D. Cent. Code § 10-19.1-117— Qualifications of receivers - Powers
N.D. Cent. Code § 10-19.1-118— Action by attorney general
N.D. Cent. Code § 10-19.1-119— Filing claims in proceedings to dissolve
N.D. Cent. Code § 10-19.1-120— Discontinuance of dissolution proceedings
N.D. Cent. Code § 10-19.1-121— Decree of dissolution
N.D. Cent. Code § 10-19.1-122— Filing decree
N.D. Cent. Code § 10-19.1-123— Deposit with administrator of abandoned property of amount due certain shareholders - Appropriation
N.D. Cent. Code § 10-19.1-124— Claims barred - Exceptions
N.D. Cent. Code § 10-19.1-125— Right to sue or defend after dissolution
N.D. Cent. Code § 10-19.1-126— Omitted assets
N.D. Cent. Code § 10-19.1-127— Extension after duration expired
N.D. Cent. Code § 10-19.1-128— Effect of extension
N.D. Cent. Code § 10-19.1-129— Service of process on corporation, foreign corporation, and nonresident directors
N.D. Cent. Code § 10-19.1-130— State interested - Proceedings
N.D. Cent. Code § 10-19.1-131— Foreign trade zones
N.D. Cent. Code § 10-19.1-132— Foreign corporation - Governing law
N.D. Cent. Code § 10-19.1-133— Foreign corporation - Name
N.D. Cent. Code § 10-19.1-134— Foreign corporation - Admission of foreign corporation - Transacting business - Obtaining licenses and permits
N.D. Cent. Code § 10-19.1-135— Foreign corporation application for certificate of authority
N.D. Cent. Code § 10-19.1-136— Foreign corporation - Issuance of certificate of authority
N.D. Cent. Code § 10-19.1-137— Foreign corporation - Amendments to the certificate of authority
N.D. Cent. Code § 10-19.1-138— Foreign corporation - Registered agent - Registered office
N.D. Cent. Code § 10-19.1-139— Foreign corporation - Merger of foreign corporation authorized to transact business in this state
N.D. Cent. Code § 10-19.1-139.1— Foreign corporation - Conversion of foreign corporation authorized to transact business in this state
N.D. Cent. Code § 10-19.1-140— Foreign corporation - Certificate of withdrawal
N.D. Cent. Code § 10-19.1-141— Foreign corporation - Revocation of certificate of authority
N.D. Cent. Code § 10-19.1-142— Foreign corporation - Transaction of business without certificate of authority
N.D. Cent. Code § 10-19.1-143— Foreign corporation - Transactions not constituting transacting business
N.D. Cent. Code § 10-19.1-144— Foreign corporation - Action by attorney general
N.D. Cent. Code § 10-19.1-145— Foreign corporation - Service of process
N.D. Cent. Code § 10-19.1-146— Secretary of state - Annual report of corporations and foreign corporations - Involuntary dissolution - Revocation of certificate of authority
N.D. Cent. Code § 10-19.1-146.1— Secretary of state - Involuntary dissolution - Revocation of certificate of authority
N.D. Cent. Code § 10-19.1-147— Fees for filing records - Issuing certificates - License fees
N.D. Cent. Code § 10-19.1-148— Secretary of state - Powers - Enforcement - Penalty - Appeal
N.D. Cent. Code § 10-19.1-148.1— Delivery to and filing of records by secretary of state and effective date
N.D. Cent. Code § 10-19.1-148.2— Correcting a filed record
N.D. Cent. Code § 10-19.1-149— Secretary of state - Certificates and certified copies to be received in evidence
N.D. Cent. Code § 10-19.1-149.1— Secretary of state - Confidential records
N.D. Cent. Code § 10-19.1-150— Secretary of state - Forms to be furnished by the secretary of state
N.D. Cent. Code § 10-19.1-151— Miscellaneous - Foreign trade zones
N.D. Cent. Code § 10-19.1-152— Audit reports and audit of corporations receiving state subsidies for production of alcohol or methanol for combination with gasoline