§ 2-611. Effect of articles

   (a) Amendment. -- When articles of amendment become effective, the amendment becomes part of the charter of the corporation.

(b) Restatement. -- When the Department accepts articles of restatement for record:

   (1) If they were not approved in the manner required for a charter amendment, they become evidence of the charter; and

   (2) If the articles were approved in the manner required for a charter amendment, they become the charter of the corporation and supersede all prior charter documents.

(c) Amendment and restatement. -- When articles of amendment and restatement become effective, they become the charter of the corporation and supersede all prior charter documents.

HISTORY: An. Code 1957, art. 23, § 11, 13; 1975, ch. 311, § 2; 1976, ch. 567, § 2.