490.1001 - AMENDMENT OF ARTICLES OF INCORPORATION -- AUTHORITY TO AMEND.

        490.1001  AMENDMENT OF ARTICLES OF INCORPORATION --      AUTHORITY TO AMEND.         1.  A corporation may amend its articles of incorporation at any      time to add or change a provision that is required or permitted in      the articles of incorporation as of the effective date of the      amendment or to delete a provision that is not required to be      contained in the articles of incorporation.         2.  A shareholder of the corporation does not have a vested      property right resulting from any provision in the articles of      incorporation, including provisions relating to management, control,      capital structure, dividend entitlement, or purpose or duration of      the corporation.  
         Section History: Recent Form
         89 Acts, ch 288, §109; 2002 Acts, ch 1154, §54, 125