N.D. Cent. Code § 10-19.1-75.3: Number of shareholders

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.