(1) The articles of incorporation or the bylaws may be amended as provided in the bylaws. Amendments to the articles of incorporation or bylaws shall be submitted, together with a fee established by rule of the Director of the Department of Consumer and Business Services, to the director, who shall approve or disapprove the amendments within 30 days.
(2) Amendments shall become effective upon approval in writing by the director. [1975 c.652 §6; 1991 c.635 §1; 1999 c.185 §4]
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