13.1-892 - Amendment of bylaws by board of directors or members.

§ 13.1-892. Amendment of bylaws by board of directors or members.

A corporation's board of directors may amend or repeal the corporation'sbylaws except to the extent that:

1. The articles of incorporation or § 13.1-893 reserves that powerexclusively to the members; or

2. The members in repealing, adopting, or amending a bylaw expressly providethat the board of directors may not amend, repeal, or reinstate that bylaw.

(1985, c. 522; 2007, c. 925.)