RCW 23B.10.020
217 words·~1 min read·
/wa/title-23b/chapter-23b-10/23b-10-020·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Unless the articles of incorporation provide otherwise, a corporation's board of directors may adopt one or more amendments to the corporation's articles of incorporation without shareholder approval:
(1)If the corporation has only one class of shares outstanding, to provide, change, or eliminate any provision with respect to the par value of any class of shares;
(2)To delete the names and addresses of the initial directors;
(3)To delete the name and address of the initial registered agent or registered office, if a statement of change is on file with the secretary of state;
(4)If the corporation has only one class of shares outstanding, solely to:
(a)Effect a forward stock split of, or change the number of authorized shares of that class in proportion to a forward stock split of, or share dividend in, the corporation's outstanding shares; or
(b)Effect a reverse stock split of the corporation's outstanding shares if the number of authorized shares of that class is proportionately reduced by the amendment;
(5)To change the corporate name; or
(6)To make any other change expressly permitted by this title to be made without shareholder approval.
[ 2023 c 432 s 4 ; 2009 c 189 s 31 ; 2003 c 35 s 3 ; 1989 c 165 s 121 .]