Article 17. – Amendments to Articles of Incorporation


Section 17.1. Amendments to Articles of Incorporation

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Any proposed adoption, alteration, repeal or amendment of any provision of the Articles of Incorporation shall first be approved by the Board of Directors. Approval of any proposed adoption, alteration, repeal or amendment of any provision of the Articles of Incorporation may be adopted by a majority vote of the Board of Directors present at any annual, regular, or special meeting, if at least forty-five (45) days written notice is given of intention to alter, amend or repeal Articles of Incorporation or to adopt new Articles of Incorporation at such meeting.


Notwithstanding the foregoing, any proposed adoption, alteration, repeal or amendment of a the Articles of Incorporation bearing the signature of at least twenty-five percent (25%) of the Members in good standing and submitted to the Board of Directors at least forty-five days prior to the annual business meeting of Members must be submitted to the Members for action at the annual business meeting.


Section 17.2. Exception to Rules of Amendment.
These Bylaws hereby authorize the President, Treasurer, and Secretary of the Corporation to perform all actions to file annual amendments to the Articles of Incorporation provided; such action is required to maintain compliance with the laws of the State of Arizona.

 


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