Quorum of shareholders
N.D. Cent. Code § 10-19.1-76
in effect10-19.1-76. Quorum of shareholders
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.
2. Except as provided in subdivision b, a quorum is necessary for the transaction of
business at a meeting of shareholders.
a. If a quorum is not present, a meeting may be adjourned from time to time for that
reason.
b. If a quorum has been present at a meeting and shareholders have withdrawn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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t10c19-1.pdf#nameddest=10-19p1-76Fetched: 10/16/2026