Mass. Gen. Laws ch. 156D § 10.01

Current through Chapter 231 of the 2024
Section 156D:10.01 - Authority to amend
(a) A corporation may amend its articles of organization at any time to add or change a provision that is required or permitted in the articles of organization as of the effective date of the amendment or to delete a provision not required in the articles of organization.
(b) A shareholder of the corporation shall not have a vested property right resulting from any provision in the articles of organization, including provisions relating to management, control, capital structure, dividend entitlement, or purpose or duration of the corporation.

Mass. Gen. Laws ch. 156D, § 10.01

Added by Acts 2003, c. 127, § 17, eff. 7/1/2004.