DecisionDepot
California legal research

Arizona Arizona Revised Statutes

§ 10-1020 — Amendment by board of directors or shareholders

ARS § 10-1020Title 10. Corporations and Associations · Ch. 10. AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS · Art. 2. Amendment of Bylaws

Statute text

View on source
10-1020. Amendment by board of directors or shareholders A. A corporation's board of directors may amend or repeal the corporation's bylaws unless either: 1. The articles of incorporation or chapters 1 through 17 of this title reserve this power exclusively to the shareholders in whole or part. 2. The shareholders in amending or repealing a particular bylaw provide expressly that the board of directors may not amend or repeal that bylaw. B. A corporation's shareholders may amend or repeal the corporation's bylaws even though the bylaws may also be amended or repealed by the board of directors.

Source: Arizona Arizona Revised Statutes § 10-1020 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.