35-14-1001. Authority to amend.
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/mt/title-35/chapter-14/part-10/35-14-1001·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
35-14-1001 . Authority to amend.
(1)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 as of the effective date of the amendment or to delete a provision that is not required to be contained in the articles of incorporation.
(2)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.