Amendment before organizational meeting

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§801-A. Amendment before organizational meeting

The articles of incorporation may be amended before the organizational meeting by the following procedures.   [PL 1995, c. 458, §8 (NEW).]

1.  Timing.  The articles of incorporation may be amended:  

A. If the initial directors were not named in the articles of incorporation, before the election of the initial directors; or   [PL 1995, c. 458, §8 (NEW).]

B. If the initial directors were named in the articles of incorporation, before the organizational meeting of the board of directors required by section 406.   [PL 1995, c. 458, §8 (NEW).]

[PL 1995, c. 458, §8 (NEW).]

2.  Authority to amend.  The articles of incorporation may be amended by:  

A. The incorporator; or   [PL 1995, c. 458, §8 (NEW).]

B. If there is more than one incorporator, by 2/3 of the incorporators.   [PL 1995, c. 458, §8 (NEW).]

[PL 1995, c. 458, §8 (NEW).]

3.  Accepted signature.  If the incorporators do not sign the document, the Secretary of State shall accept the signature of either the clerk or secretary of the corporation.  

[PL 1995, c. 458, §8 (NEW).]

SECTION HISTORY

PL 1995, c. 458, §8 (NEW).


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