{"data":{"id":"us-nd/n.d.-cent.-code-10-19.1-76","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 10-19.1-76","heading":"Quorum of shareholders","body":"1.Unless otherwise provided in the articles or bylaws, a quorum for a meeting of shareholders is the holders of a majority of the voting power of the shares entitled to vote at the meeting.\n2.Except as provided in subdivision b, a quorum is necessary for the transaction of business at a meeting of shareholders.\na.If a quorum is not present, a meeting may be adjourned from time to time for that reason.\nb.If a quorum has been present at a meeting and shareholders have withdrawn from the meeting so that less than a quorum remains, the shareholders still present may continue to transact business until adjournment.","path":["Title 10 Corporations","Chapter 10-19.1 North Dakota Business Corporation Act"],"source_url":"https://ndlegis.gov/cencode/t10c19-1.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"a411d204ec2471e4959e3a9fcd5c561340f59799fac2eae6315e23d7df4ade3c","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-10-19.1-75.3","next":"us-nd/n.d.-cent.-code-10-19.1-76.1"},"notice":"GroundRules: Original legal text. Not legal advice."}