Sec. 33-1202. Amendment of special charter.
Sec. 33-1202. Amendment of special charter. (a) Amendment of a special charter
by the General Assembly shall require acceptance by the corporation if and to the extent
provided in the act of amendment.
(b) The certificate of incorporation of a specially chartered corporation may be
amended by its board of directors or members entitled to vote thereon for the purposes
and in the manner provided by sections 33-1000 to 33-1290, inclusive, for corporations
incorporated under said sections except that its certificate of incorporation as so amended
shall not authorize it to conduct any affairs or to conduct its affairs in any area unless
either (1) it could be so authorized under section 33-1035 or (2) it was so authorized by
its certificate of incorporation prior to such amendment. A specially chartered corporation the name of which does not contain the words "corporation" or "company" or
"incorporated" or an abbreviation of one of such words may amend its certificate of
incorporation pursuant to this subsection without changing its name.
(c) A restated certificate of incorporation adopted by a specially chartered corporation need not, in order to preserve the provisions of special acts of the legislature setting
forth its franchises, whether of a public or a private nature, the nature of its affairs, and
its special rights, privileges and immunities, recite such provisions.
(P.A. 96-256, S. 135, 209.)
History: P.A. 96-256 effective January 1, 1997.
Annotation to former section 33-501:
Statutory provisions operative at time of plaintiff's incorporation provided all acts creating or authorizing organization
of corporations should be subject to alteration, amendment or repeal at pleasure of general assembly; held under this
reservation of power an amendment or alteration of corporate charter may result from operation of general laws as well
as from legislation addressed to the particular corporation. 147 C. 554.