10-1801. Law applicable to close
corporations


Close corporations organized pursuant to this article are subject to the provisions
of chapters 1 through 17 of this title except insofar as this article modifies or differs
from such provisions, in which case this article prevails. This article shall be
applicable to all close corporations except insofar as this article otherwise
provides. This article shall be construed to simplify the management, structure and
operations of close corporations.