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2013 Mississippi Code
Title 79 - CORPORATIONS, ASSOCIATIONS, AND PARTNERSHIPS
Chapter 4 - MISSISSIPPI BUSINESS CORPORATION ACT
Article 10 - AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS
B AMENDMENT OF BYLAWS
§ 79-4-10.20 - Amendment by board of directors or shareholders


MS Code § 79-4-10.20 (2013) What's This?

(a) A corporation's shareholders may amend or repeal the corporation's bylaws.

(b) A corporation's board of directors may amend or repeal the corporation's bylaws unless:

(1) The articles of incorporation or Section 79-4-10.21 reserve that power exclusively to the shareholders in whole or part; or

(2) The shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or reinstate that bylaw.

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