51A-6A-8. Amendment of articles--Extension of existence.
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/sd/title-51/chapter-51-6/51a-6a-8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Prior to the expiration of the period for which it was incorporated or organized a trust company may, with the approval of at least a majority of the capital stock or ownership units of such trust company, amend its articles to extend its existence for an additional period, which may be perpetual.