North Dakota Century Code Title 10. Corporations § 10-33-98. Voluntary dissolution by board and members with voting rights

a. The resolution must include a plan of dissolution that states to whom the assets owned or held by the corporation will be distributed after creditors are paid.

b. The plan must comply with the requirements of section 10-33-105.

c. If the board will have discretion in distributing assets, the plan must state that the assets will be distributed to persons the board subsequently identifies.

d. If there is a member with voting rights, the resolution and plan of dissolution must be submitted to the members under subsection 3.

a. Written notice:

b. The proposed dissolution must be submitted for approval at a meeting of members. If the proposed dissolution is approved by the members with voting rights, the dissolution must be started.