47-22-24. Resolution of restatement--Submission to members.
52 words·~1 min read·
/sd/title-47/chapter-47-22/47-22-24A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If there are members entitled to vote thereon, the board of directors shall adopt a resolution setting forth the proposed restated articles of incorporation and directing that they be submitted to a vote at a meeting of members entitled to vote thereon, which may be either an annual or a special meeting.