North Dakota Approval of Transfer of Outstanding Stock with Copy of Liquidating Trust Agreement: In North Dakota, the Approval of Transfer of Outstanding Stock with Copy of Liquidating Trust Agreement refers to the legal process allowing the transfer of outstanding stocks from one entity to another in connection with a liquidating trust agreement. This agreement is created when a company undergoes liquidation or dissolution, and the remaining assets and liabilities are placed into a trust administered for the benefit of its shareholders. To obtain North Dakota approval for the transfer of outstanding stock, the involved parties must submit a copy of the Liquidating Trust Agreement to the relevant governing authority. The agreement outlines the terms and conditions governing the liquidation process, including the distribution of assets to shareholders, resolving outstanding obligations, and winding up the business affairs of the company. Keywords: North Dakota, Approval of Transfer, Outstanding Stock, Liquidating Trust Agreement, liquidation, dissolution, assets, liabilities, shareholders, governing authority, distribution of assets, outstanding obligations, winding up, business affairs. Different Types of North Dakota Approval of Transfer of Outstanding Stock with Copy of Liquidating Trust Agreement: 1. Voluntary Liquidation: This type of approval is sought voluntarily by a company that decides to liquidate itself due to various reasons such as financial distress, change in business strategy, or expiration of its purpose. The approval facilitates the transfer of outstanding stock to shareholders as per the provisions of the Liquidating Trust Agreement. 2. Involuntary Liquidation: In some cases, the approval is obtained through an involuntary liquidation process, initiated by external parties such as creditors or a court. This type of transfer of outstanding stock ensures that shareholders receive their entitlements as per the Liquidating Trust Agreement under the supervision of the governing authority. 3. Dissolution by Merger or Acquisition: When a company is acquired or merged with another entity, the approval of transfer of outstanding stock may be required to finalize the liquidation process. This ensures a seamless transfer of assets, liabilities, and outstanding stock to the acquiring or merged entity, as stipulated in the Liquidating Trust Agreement. 4. Shareholder Agreement Liquidation: In some cases, a liquidating trust agreement may be established through a shareholder agreement to carry out the liquidation process in an orderly manner. The approval of transfer of outstanding stock is obtained based on the terms specified in the agreement, ensuring proper distribution to the shareholders. Note: It is important to consult with legal professionals or relevant authorities in North Dakota to ensure compliance with specific regulations and requirements pertaining to the Approval of Transfer of Outstanding Stock with Copy of Liquidating Trust Agreement.