10-1005. Amendment before issuance of shares
48 words·~1 min read·
/az/title-10/10-1005A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If a corporation has not yet issued shares, an amendment to the articles of incorporation may be adopted by a majority of the members of the board of directors, unless the articles of incorporation require adoption by a greater number of the members of the board of directors.