West Virginia § 31D-10-1020 Amendment by board of directors or shareholders

West Virginia Statutes

§ 31D-10-1020 — Amendment by board of directors or shareholders

West Virginia § 31D-10-1020

Ch. 31DWEST VIRGINIA BUSINESS CORPORATION ACT

Art. 10AMENDMENT OF ARTICLES OF INCORPORATION AND BYLAWS

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Bluebook

W. Va. Code § 31D-10-1020 (2026).

Text

(a)A corporation's shareholders may amend or repeal the corporation's bylaws.

(b)A corporation's board of directors may amend or repeal the corporation's bylaws, unless:

(1)The articles of incorporation or section one thousand twenty-one of this article reserve that power exclusively to the shareholders, in whole or in part; or

(2)The shareholders in amending, repealing or adopting a bylaw expressly provide that the board of directors may not amend, repeal or reinstate that bylaw.

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(a) A corporation's shareholders may amend or repeal the corporation's bylaws.

(b) A corporation's board of directors may amend or repeal the corporation's bylaws, unless:

(1) The articles of incorporation or section one thousand twenty-one of this article reserve that power exclusively to the shareholders, in whole or in part; or

(2) The shareholders in amending, repealing or adopting a bylaw expressly provide that the board of directors may not amend, repeal or reinstate that bylaw.