Section 23-1-38-2 - Amendments by board of directors without shareholder actionUnless the articles of incorporation provide otherwise, a corporation's board of directors may adopt one (1) or more amendments to the corporation's articles of incorporation without shareholder action to:
(1) extend the duration of the corporation if it was incorporated at a time when limited duration was required by law;(2) delete the names and addresses of the initial directors;(3) delete the name and address of the initial registered agent or registered office, if a statement of change is on file with the secretary of state;(4) change each issued and unissued authorized share of an outstanding class into a greater number of whole shares or a lesser number of whole shares and fractional shares if the corporation has only shares of that class outstanding;(5) change the corporate name by substituting the word "corporation", "incorporated", "company", "limited", or the abbreviation "corp.", "inc.", "co.", or "ltd.", for a similar word or abbreviation in the name, or by adding, deleting, or changing a geographical attribution for the name;(6) reduce the number of authorized shares solely as the result of a cancellation of treasury shares; or(7) make any other change expressly permitted by this article to be made without shareholder action.As added by P.L. 149-1986, SEC.22. Amended by P.L. 107-1987, SEC.15.