17:9A-122 - Limitations

17:9A-122.  Limitations
    An amendment, to the extent that it alters an existing provision of the certificate of incorporation or adds a provision not theretofore included in the certificate of incorporation, shall contain only such provision as it would  be lawful and proper to insert in an original certificate of incorporation made  at the time of the filing of such amendment;  except that, when the amendment  is made to increase the capital stock of a bank created prior to the effective  date of this act, such amendment may be made notwithstanding that the amount of  such capital stock as increased will be less than the amount required on  original incorporation of a bank as specified in section 4.

     L.1948, c. 67, p. 277, s. 122.