Section 2-611 - Effect of articles.

§ 2-611. Effect of articles.
 

(a)  Amendment.- When articles of amendment become effective, the amendment becomes part of the charter of the corporation. 

(b)  Restatement.- When the Department accepts articles of restatement for record: 

(1) If they were not approved in the manner required for a charter amendment, they become evidence of the charter; and 

(2) If the articles were approved in the manner required for a charter amendment, they become the charter of the corporation and supersede all prior charter documents. 

(c)  Amendment and restatement.- When articles of amendment and restatement become effective, they become the charter of the corporation and supersede all prior charter documents. 
 

[An. Code 1957, art. 23, §§ 11, 13; 1975, ch. 311, § 2; 1976, ch. 567, § 2.]