Bylaws may be adopted, amended or repealed either by approval of the outstanding shares ( Section 152 ) or by the approval of the board, except as provided in Section 212 . Subject to subdivision (a)(5) of Section 204 , the articles or bylaws may restrict or eliminate the power of the board to adopt, amend or repeal any or all bylaws.
FindLaw Codes are provided courtesy of Thomson Reuters Westlaw, the industry-leading online legal research system. For more detailed codes research information, including annotations and citations, please visit Westlaw.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.