(a) A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles of incorporation as of the effective date of the amendment or to delete a provision that is not required to be contained in the articles of incorporation.
(b) A shareholder of the corporation shall not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, capital structure, dividend entitlement, or purpose or duration of the corporation.
(July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.)
This section is referenced in § 29-1301.05.
Structure District of Columbia Code
Title 29 - Business Organizations. [Enacted title]
Chapter 3 - Business Corporations
Subchapter VIII - Amendment of Articles of Incorporation and Bylaws
Part A - Amendment of Articles of Incorporation
§ 29–308.01. Authority to amend
§ 29–308.02. Amendment before issuance of shares
§ 29–308.03. Amendment by board of directors and shareholders
§ 29–308.04. Voting on amendments by voting groups
§ 29–308.05. Amendment by board of directors
§ 29–308.06. Articles of amendment
§ 29–308.07. Restated articles of incorporation