10-1020. Amendment by board of directors or shareholders A. A corporation’s board of directors may amend or repeal the corporation’s bylaws unless either: 1. The articles of incorporation or chapters 1 through 17 of this title reserve this power exclusively to the shareholders in whole or part. 2. The shareholders in amending or repealing a […]
10-1021. Bylaw increasing quorum or voting requirement for shareholders A. If authorized by the articles of incorporation, the shareholders may adopt or amend a bylaw that fixes a greater quorum or voting requirement for shareholders, or voting groups of shareholders, than is required by chapters 1 through 17 of this title. The adoption or amendment […]
10-1022. Bylaw increasing quorum or voting requirement for directors A. A bylaw that fixes a greater quorum or voting requirement for the board of directors may be amended or repealed as follows: 1. If originally adopted by the shareholders, only by the shareholders. 2. If originally adopted by the board of directors, either by the […]
