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2022 West Virginia Code
Chapter 31D. West Virginia Business Corporation Act
Article 10. Amendment of Articles of Incorporation and Bylaws
§31D-10-1001. Authority to Amend
Universal Citation:
WV Code § 31D-10-1001 (2022)
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§31D-10-1001. 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 shareholder 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, capital structure, dividend entitlement or purpose or duration of the corporation.
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