Resolution of restatement--Submission to members.

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47-22-24. Resolution of restatement--Submission to members.

If there are members entitled to vote thereon, the board of directors shall adopt a resolution setting forth the proposed restated articles of incorporation and directing that they be submitted to a vote at a meeting of members entitled to vote thereon, which may be either an annual or a special meeting.

Source: SL 1965, ch 24, §39.


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