(a) If a corporation has not yet issued shares, its incorporators or board of directors may adopt one or more amendments to the corporation's articles of incorporation.
(b) If any amendment before shares are issued makes a material change in the articles of incorporation, nonassenting subscribers for shares shall be entitled to rescind their subscriptions.
Section: Previous 14-2-1001 14-2-1002 14-2-1003 14-2-1004 14-2-1005 14-2-1006 14-2-1006.1 14-2-1007 14-2-1008 14-2-1009 NextLast modified: October 14, 2016