55A-10-01. Authority to amend.
(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 or to delete a provision not required in the articles of incorporation. Whether a provision is required or permitted in the articles of incorporation is determined as of the effective date of the amendment.
(b) A member of the corporation does not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, distribution entitlement, or purpose or duration of the corporation. (1955, c. 1230; 1993, c. 398, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 55A - North Carolina Nonprofit Corporation Act
Article 10 - Amendment of Articles of Incorporation and Bylaws.
§ 55A-10-01 - Authority to amend.
§ 55A-10-02 - Amendment by board of directors.
§ 55A-10-03 - Amendment by directors and members.
§ 55A-10-04 - Class voting by members on amendments.
§ 55A-10-05 - Articles of amendment.
§ 55A-10-06 - Restated articles of incorporation.
§ 55A-10-07 - Effect of amendment.
§ 55A-10-20 - Amendment by directors.
§ 55A-10-21 - Amendment by directors and members.