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17 chapters · 216 sections in this title.
11A V.S.A. ch. 010, § 10.01 Authority to amend
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§ 10.01. Authority to amend (a) A corporation may amend its articles of incorporation at anytime to add or change a provision that is required or permitted in the articles of incorporation or to delete a provision not required in the articles of incorporation. Whether a provision…
11A V.S.A. ch. 010, § 10.02 Amendment by board of directors
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§ 10.02. Amendment by board of directors Unless the articles of incorporation provide otherwise, a corporation’s board of directors may adopt one or more amendments to the corporation’s articles of incorporation without shareholder action: (1) to extend the duration of the corpor…
11A V.S.A. ch. 010, § 10.03 Amendment proposed by board of directors to the shareholders
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§ 10.03. Amendment proposed by board of directors to the shareholders (a) A corporation’s board of directors may propose one or more amendments to the articles of incorporation for submission to the shareholders. (b) For the amendment to be adopted: (1) the board of directors mus…
11A V.S.A. ch. 010, § 10.04 Voting on amendments by voting group
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§ 10.04. Voting on amendments by voting group (a) The holders of the outstanding shares of a class are entitled to vote as a separate voting group (if shareholder voting is otherwise required by this title) on a proposed amendment if the amendment would: (1) increase or decrease …