Powers of stockholders and members.

Checkout our iOS App for a better way to browser and research.

The stockholders and the members of the corporation shall have the following powers of the corporation:

(1) To elect directors;

(2) To make, amend and repeal bylaws;

(3) To amend the charter; and

(4) To exercise such other of the powers of the corporation as may be conferred on the stockholders and the members by the bylaws.

HISTORY: 1962 Code Section 12-1244; 1960 (51) 1907.


Download our app to see the most-to-date content.