Section 1201 – Sale or mortgage of property without shareholder approval.

16-10a-1201. Sale or mortgage of property without shareholder approval. (1) A corporation may, on the terms and conditions and for the consideration determined by the board of directors: (a) sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property in the usual and regular course of business or in a transaction […]

Section 1202 – Sale of property requiring shareholder approval.

16-10a-1202. Sale of property requiring shareholder approval. (1) A corporation may sell, lease, exchange, or otherwise dispose of all, or substantially all, of its property, with or without the good will, otherwise than in the usual and regular course of business, on the terms and conditions and for the consideration determined by the board of […]