§ 2-612. Abandonment of proposed amendment

Latest version.

(a) General rule. -- A proposed amendment to the charter of a corporation may be abandoned before the effective date of the articles by majority vote of the entire board of directors of the corporation.

(b) Notice to Department. -- If the articles have been filed with the Department, notice of abandonment shall be given promptly to the Department.

(c) Effect of abandonment. -- If the proposed amendment to the charter is abandoned as provided in this section, the articles and the amendment have no effect.

HISTORY: 1976, ch. 567, § 4.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');