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North Dakota Century Code Title 10. Corporations § 10-19.1-75.3. Number of shareholders

Current as of January 01, 2024 | Updated by Findlaw Staff

1. The following identified as a shareholder in a corporation's current record of shareholders constitutes one shareholder:

a. Three or fewer co-owners;

b. A corporation, partnership, trust, estate, or other entity;

c. The trustees, guardians, custodians, or other fiduciaries of a single trust, estate, or account; or

d. One data address.

2. Shareholdings registered in substantially similar names constitute one shareholder if it is reasonable to believe the names represent the same person.

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Cite this article: FindLaw.com - North Dakota Century Code Title 10. Corporations § 10-19.1-75.3. Number of shareholders - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-10-corporations/nd-cent-code-sect-10-19-1-75-3/

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 before relying on it for your legal needs.

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