§ 17-16-1005 — Amendment by board of directors

(a) Unless the articles of incorporation provide
otherwise, a corporation's board of directors may adopt
amendments to the corporation's articles of incorporation
without shareholder approval:
(i) To extend the duration of the corporation if it
was incorporated at a time when limited duration was required by
law;
(ii) To delete the names and addresses of the initial
directors;
(iii) To 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;
(iv) If the corporation has only one (1) class of
shares outstanding:
(A) To change each issued and unissued
authorized share of the class into a greater number of whole
shares of that class; or
(B) To increase the number of authorized shares
of the class to the extent necessary to permit the issuance of
shares as a share dividend.
(v) To 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;
(vi) To reflect a reduction in authorized shares, as
a result of the operation of W.S. 17-16-631(b), when the
corporation has acquired its own shares and the articles of
incorporation prohibit the reissue of the acquired shares;
(vii) To delete a class of shares from the articles
of incorporation, as a result of the operation of W.S.
17-16-631(b), when there are no remaining shares of the class
because the corporation has acquired all shares of the class and
the articles of incorporation prohibit the reissue of the
acquired shares; or
(viii) To make any change expressly permitted by W.S.
17-16-602(a) or (b) to be made without shareholder approval.