Judicial determination that required restrictions would be contrary to charter.

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47-22-68.8. Judicial determination that required restrictions would be contrary to charter.

Sections 47-22-68.2 to 47-22-68.7, inclusive, shall not apply to any corporation to the extent that a court of competent jurisdiction shall determine that such application would be contrary to the terms of any instrument described in §47-22-68.2 and that such instrument may not properly be changed to conform to §§47-22-68.2 to 47-22-68.7, inclusive.

Source: SL 1972, ch 244, §3.


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