{"data":{"id":"us-nd/n.d.-cent.-code-10-35-11","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 10-35-11","heading":"Supermajority provisions prohibited","body":"Neither the articles nor the bylaws of a publicly traded corporation may provide a quorum or voting requirement:\n1.For the board or a committee of the board that is greater than a majority of the number of directors that would constitute the full board or committee assuming there are no vacancies; or\n2.For shareholders that is greater than a majority of the voting power of the shares entitled to vote on the item of business or, in the case of a class or series entitled to vote as a separate group, a majority of the voting power of the outstanding shares of the class or series.","path":["Title 10 Corporations","Chapter 10-35 Publicly Traded Corporations"],"source_url":"https://ndlegis.gov/cencode/t10c35.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"caf135ab81cbc41c1cfaa0ade399fb6814f57ccadfa72fb25524dd82bc442c28","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-10-35-10","next":"us-nd/n.d.-cent.-code-10-35-12"},"notice":"GroundRules: Original legal text. Not legal advice."}