Section 47-22-27 - Procedure in absence of members entitled to vote--Adoption of restatement by boardof directors.
47-22-27. Procedure in absence of members entitled to vote--Adoption of restatement by board of directors. If there are no members, or no members entitled to vote thereon, the proposed restated articles shall be adopted at a meeting of the board of directors upon receiving the affirmative vote of a majority of the directors in office.
Source: SL 1965, ch 24, § 39.