PART XI.
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/hi/chapter-414/part-xiA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
PART XI. AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
A. Amendment of Articles of Incorporation
[§414-281] Authority to amend.
(a)A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles of incorporation or to delete a provision not required in the articles of incorporation. Whether a provision is required or permitted in the articles of incorporation is determined as of the effective date of the amendment.
(b)A shareholder of the corporation does not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, capital structure, dividend, entitlement, or purpose or duration of the corporation. [L 2000, c 244, pt of §1]