81-27-8 - 001. Required vote of shareholders or participants.

§ 81-27-8.001. Required vote of shareholders or participants.
 

A state trust company may go into voluntary liquidation and be closed, and may surrender its charter and franchise as a corporation of this state by the affirmative votes of its shareholders or participants owning two-thirds (2/3) of its stock or participation shares. 
 

Sources: Laws,  1998, ch. 437, § 1, eff from and after July 1, 1998.