North Dakota Code § 10-33-28

Number of directors
Open in Lexace · Ask the AI about this section
With respect to the number of directors:
1. The board must consist of three or more directors, with the number specified in or 
fixed in accordance with the articles or bylaws. However, if the corporation has either 
one or two members with voting rights, the number of directors may be less than three 
but not less than the number of members with voting rights.
2. The number of directors may be increased or, subject to sections 10-33-36 and 
10-33-37, decreased at any time by amendment to or in the manner provided in the 
articles or bylaws.
3. Notwithstanding section 10-33-38, if the power to elect or appoint directors is vested in 
the board of directors and if the number of directors falls below three, or such greater 
minimum number set forth in the articles or bylaws, then a majority of the directors in 
office may appoint or elect the number of additional directors necessary to increase 
the board to three directors or such greater minimum set forth in the articles or bylaws.

‹ Prev All North Dakota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.