A bylaw adopted at a meeting of stockholders of a domestic insurer may not be modified or revoked except by the stockholders at a subsequent meeting unless the bylaw as adopted or amended by the stockholders grants authority to the board of directors to revoke or modify bylaw provisions; but the board of directors may not revoke or modify a bylaw relating to the qualifications, election, terms, or compensation of directors, or to the calling or notice of meetings of stockholders. A revocation or modification of bylaws made by the directors under this provision shall be presented at the next meeting of stockholders for the information of the stockholders.
Section: Previous 21.69.230 21.69.240 21.69.250 21.69.260 21.69.270 21.69.280 21.69.290 21.69.300 21.69.310 21.69.320 21.69.330 21.69.340 21.69.350 21.69.360 21.69.370 NextLast modified: November 15, 2016