Sec. 10.06.228. Bylaws: adoption, amendment or repeal.
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Sec. 10.06.228. Bylaws: adoption, amendment or repeal.
Bylaws may be adopted, amended, or repealed either by approval of the outstanding shares or by approval of the board, except as provided in AS 10.06.230 . The articles of incorporation may restrict or eliminate the power of either the board or the outstanding shares to adopt, amend, or repeal bylaws.