Number of shareholders
N.D. Cent. Code § 10-19.1-75.3
in effect10-19.1-75.3. Number of shareholders
1. The following identified as a shareholder in a corporation's current record of
shareholders constitutes one shareholder:
a. Three or fewer co-owners;
b. A corporation, partnership, trust, estate, or other entity;
c. The trustees, guardians, custodians, or other fiduciaries of a single trust, estate,
or account; or
d. One data address.
2. Shareholdings registered in substantially similar names constitute one shareholder if it
is reasonable to believe the names represent the same person.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t10c19-1.pdf#nameddest=10-19p1-75p3Fetched: 10/16/2026