490.1007 Restated articles of incorporation.
203 words·~1 min read·
/ia/chapter-490-business-corporations/490-1007·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. A corporation’s board of directors may restate its articles of incorporation at any time, without shareholder approval, to consolidate all amendments into a single document.
2. If the restated articles include one or more new amendments that require shareholder approval, the amendments shall be adopted and approved as provided in section 490.1003.
3. A corporation that restates its articles of incorporation shall deliver to the secretary of state for filing articles of restatement setting forth all of the following:
a. The name of the corporation.
b. The text of the restated articles of incorporation.
c. A statement that the restated articles consolidate all amendments into a single document.
d. If a new amendment is included in the restated articles, the statements required under section 490.1006 with respect to the new amendment.
4. Duly adopted restated articles of incorporation supersede the original articles of incorporation and all amendments to the articles of incorporation.
5. The secretary of state may certify restated articles of incorporation as the articles of incorporation currently in effect, without including the statements required by subsection 3, paragraph “d”.
89 Acts, ch 288, §115; 2002 Acts, ch 1154, §60, 125; 2021 Acts, ch 165, §143, 230
Referred to in §490.1003