§ 7-112-101. Sale or Mortgage of Property Without Shareholder Approval

A corporation may, as authorized by its bylaws or by the board of directors: Sell, lease, exchange, or otherwise dispose of any or all of its property in the usual and regular course of business; Mortgage, pledge, dedicate to the repayment of indebtedness, whether with or without recourse, or otherwise encumber any or all of […]

§ 7-112-102. Sale of Property Requiring Shareholder Approval

A corporation may sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property, with or without its good will, other than in the usual and regular course of business on the terms and conditions and for the consideration determined by the board of directors, if the board of directors proposes and […]