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2020 North Carolina General Statutes
Chapter 55A - North Carolina Nonprofit Corporation Act
Article 10 - Amendment of Articles of Incorporation and Bylaws.
§ 55A-10-01 - Authority to amend.
Universal Citation: NC Gen Stat § 55A-10-01 (2020)
55A-10-01. Authority to amend.
(a) A corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles of incorporation or to delete a provision not required in the articles of incorporation. Whether a provision is required or permitted in the articles of incorporation is determined as of the effective date of the amendment.
(b) A member of the corporation does not have a vested property right resulting from any provision in the articles of incorporation, including provisions relating to management, control, distribution entitlement, or purpose or duration of the corporation.
(1955, c. 1230; 1993, c. 398, s. 1.)
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