Divestiture

N.D. Cent. Code § 10-30.5-06
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
10-30.5-06. Divestiture The board of directors shall establish a policy for divesting the corporation's interest in any business when certain levels of profitability are obtained.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t10c30-5.pdf#nameddest=10-30p5-06Fetched: 10/16/2026

Starting a business in North Dakota? North Dakota LLC guide: costs and requirements