10-19.1-72.1. Court-ordered meeting of shareholders

10-19.1-72.1. Court-ordered meeting of shareholders 1. The district court of the county where the principal executive office of a corporation is located may order a meeting to be held: a. On application of a shareholder or shareholders holding five percent or more of the voting power of all shares entitled to vote, if a meeting was not held within the earlier of: (1) Six months after the fiscal yearend of the corporation; or (2) Fifteen months after its last meeting; or b. On application of a voting shareholder who signed a demand for a special meeting valid under section 10-19.1-72 or a person entitled to call a special meeting if: (1) Notice of the special meeting was not given within thirty days after the date the demand was delivered to a corporate officer; or (2) The special meeting was not held in accordance with the notice. 2. The court may: a. Fix the time and place of the meeting; b. Specify a record date for determining shareholders entitled to notice of and to vote at the meeting; c. Prescribe the form and content of the meeting notice; d. Fix the quorum required for specific matters to be considered at the meeting or direct that the votes represented at the meeting constitute a quorum for action on those matters; and e. Enter other orders necessary to accomplish the purposes of the meeting. 3. If the court orders a meeting it may also order the corporation to pay the costs of the shareholder, including reasonable attorney's fees, incurred to obtain the order.