670A.120 - Articles of incorporation: Amendment.
670A.120 Articles of incorporation: Amendment.
1. The articles of incorporation may be amended by the affirmative vote of stockholders representing not less than two-thirds of the issued and outstanding stock entitled to vote. No amendment of the articles of incorporation which is inconsistent with the general purposes expressed in this chapter or which eliminates or curtails the right of the commissioner to examine the corporation or the obligation of the corporation to make reports as provided in NRS 670A.260, may be made.
2. The amendment must then be approved by the Commissioner before it is submitted to the Secretary of State.
3. Within 30 days after any meeting at which an amendment of the articles of incorporation has been adopted, articles of amendment signed and sworn to by the president, treasurer and a majority of the directors, setting forth the amendment and due adoption of it, must be submitted to the Secretary of State who shall examine them, and if the Secretary of State finds that they conform to the requirements of this chapter, shall so certify and endorse his or her approval on them. Then the articles of amendment must be filed in the Office of the Secretary of State, and no amendment may take effect until the articles of amendment have been filed.
(Added to NRS by 1983, 1273; A 1983, 1644; 1987, 1949)