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Current as of January 01, 2024 | Updated by FindLaw Staff
Proceedings had or authorized prior to July 1, 1941, by a two-thirds vote shall be in all things deemed legal and binding upon all stockholders or members of a corporation unless, within ninety days after this code takes effect, nonassenting stockholders or members by action to enjoin or by other appropriate judicial process shall question the legality of any sale made or act done pursuant to such authorization.
Cite this article: FindLaw.com - North Dakota Century Code Title 1. General Provisions § 1-08-05. Validating proceedings of a corporation by two-thirds vote - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-1-general-provisions/nd-cent-code-sect-1-08-05/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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