Tennessee Statutes

§ 48-60-101 — Authority to amend

Tennessee·Title 48
(a)A corporation may amend its charter at any time to add or change a provision that is required or permitted in the charter or to delete a provision not required in the charter. Whether a provision is required or permitted in the charter is determined as of the effective date of the amendment.
(b)Except as provided in § 48-56-202(b) , a member of the corporation does not have a vested property right resulting from any provision in the charter or bylaws.

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Legislative History

Acts 1987, ch. 242, § 10.01.

Nearby Sections

15
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