§ 30.12.220. Preemptive rights of shareholders to acquire unissued shares -- Articles of incorporation may limit or permit -- Later acquisition
The articles of incorporation of any bank or trust company organized under this title may limit or permit the preemptive rights of a shareholder to acquire unissued shares of the corporation and may thereafter by amendment limit, deny, or grant to shareholders of any class of stock the preemptive right to acquire additional shares of the corporation whether then or thereafter authorized.
[1979 c 106 § 8.]
Sections: Previous 30.12.047 30.12.060 30.12.070 30.12.090 30.12.100 30.12.110 30.12.115 30.12.120 30.12.130 30.12.180 30.12.190 30.12.205 30.12.220 30.12.230 30.12.240 NextLast modified: April 7, 2009