§ 55-10-01 Authority to amend
§ 55-10-02 Amendment by board of directors
§ 55-10-03 Amendment by board of directors and shareholders
§ 55-10-04 Voting on amendments by voting groups
§ 55-10-05 Amendment before issuance of shares
§ 55-10-06 Articles of amendment
§ 55-10-07 Restated articles of incorporation
§ 55-10-09 Effect of amendment
§ 55-10-20 Amendment by board of directors or shareholders
§ 55-10-22 Bylaw increasing quorum or voting requirement for directors or prohibiting a meeting of shareholders solely by remote participation
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Terms Used In North Carolina General Statutes > Chapter 55 > Article 10 - Amendment of Articles of Incorporation and Bylaws

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appraisal: A determination of property value.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • Quorum: The number of legislators that must be present to do business.
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3