{"data":{"id":"us-nd/n.d.-cent.-code-10-33-87","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 10-33-87","heading":"Plan approval","body":"1.A plan of merger or consolidation must be approved and adopted by each constituent corporation as provided in this section.\n2.If a constituent corporation has members with voting rights with respect to mergers and consolidations as required by section 10-33-42, the board of directors of the corporation shall adopt a resolution by the affirmative vote of a majority of all directors approving a proposed plan of merger or consolidation and directing that the plan be submitted to a vote at a meeting of the members with voting rights. Notice of the meeting must be given to each member with voting rights, accompanied by a copy or summary of the proposed plan. Unless the articles or bylaws require a greater vote, the plan of merger or consolidation is adopted upon receiving the affirmative vote of a majority of the members with voting rights voting on the action.\n3.When a constituent corporation does not have a member with voting rights and unless the articles or bylaws require a greater vote, a plan of merger or consolidation is adopted at a meeting of the board of directors of the corporation upon receiving the affirmative votes of a majority of all directors. Notice of the meeting must be given to all directors accompanied by a copy of the proposed plan of merger or consolidation.","path":["Title 10 Corporations","Chapter 10-33 Nonprofit Corporations"],"source_url":"https://ndlegis.gov/cencode/t10c33.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"ac1fd731ca2796053f86cbb81c191edf8d8da678dd3260eb1ab360a401b448c2","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-10-33-86","next":"us-nd/n.d.-cent.-code-10-33-88"},"notice":"GroundRules: Original legal text. Not legal advice."}