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Form a Business

Authority to amend

M.G.L. c. 156D, § 10.01
in effect
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c. 156D, § 10.01. Authority to amend Section 10.01. AUTHORITY TO AMEND (a) A corporation may amend its articles of organization at any time to add or change a provision that is required or permitted in the articles of organization as of the effective date of the amendment or to delete a provision not required in the articles of organization. (b) A shareholder of the corporation shall not have a vested property right resulting from any provision in the articles of organization, including provisions relating to management, control, capital structure, dividend entitlement, or purpose or duration of the corporation.
Source: Massachusetts General Court (malegislature.gov)URL: https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter156D/Section10.01Fetched: 10/20/2026

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