Amendment of bylaws by board of directors or shareholders

Tenn. Code Ann. § 48-20-201, under Amendment of Bylaws.

Tenn. Code Ann. § 48-20-201

(a) A corporation's board of directors may amend or repeal the corporation's bylaws unless:(1) The charter or chapters 11-27 of this title reserve this power exclusively to the shareholders in whole or in part; or(2) The shareholders in amending or repealing a particular bylaw provide expressly that the board of directors may not amend or repeal that bylaw.

(1) The charter or chapters 11-27 of this title reserve this power exclusively to the shareholders in whole or in part; or

(2) The shareholders in amending or repealing a particular bylaw provide expressly that the board of directors may not amend or repeal that bylaw.

(b) A corporation's shareholders may amend or repeal the corporation's bylaws even though the bylaws may also be amended or repealed by its board of directors.