Approval by third persons.

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The articles of incorporation may require an amendment to the articles of incorporation or bylaws to be approved in writing by a stated person or persons other than the board of directors. Such a provision may only be amended with the approval in writing of such person or persons.

Source: L. 97: Entire article added, p. 712, § 3, effective July 1, 1998. L. 2003: Entire section amended, p. 2345, § 317, effective July 1, 2004.


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