Amendment of articles of incorporation in reorganization proceedings.
R.I. Gen. Laws § 7-1.2-907
in effect7-1.2-907. Amendment of articles of incorporation in reorganization proceedings.
(a) Whenever a plan of reorganization of a corporation has been confirmed by decree or
order of a court of competent jurisdiction in proceedings for the reorganization of
the corporation, pursuant to the provisions of any applicable statute of the United
States relating to reorganizations of corporations, the articles of incorporation
of the corporation may be amended, in the manner provided in this section, in as many
respects as are necessary to carry out the plan and put into effect, as long as the
articles of incorporation, as amended, contain only provisions that might be lawfully
contained in original articles of incorporation at the time of making the amendment.
(b) Articles of amendment approved by decree or order of the court must be executed by
the trustee or trustees of such corporation appointed in the reorganization proceedings
(or a majority thereof), or if none are appointed and acting, by the person or persons
that the court designates or appoints for the purpose, and must state the name of
the corporation, the amendments of the articles of incorporation approved by the court,
the date of the decree or order approving the articles of amendment, the title of
the proceedings in which the decree or order was entered, and a statement that the
decree or order was entered by a court having jurisdiction of the proceedings for
the reorganization of the corporation pursuant to the provisions of an applicable
statute of the United States.
(c) This section does not apply to such corporation upon the entry of a final decree in
the reorganization proceedings closing the case and discharging the trustee or trustees,
if any.
P.L. 2004, ch. 216, § 2; P.L. 2004, ch. 274, § 2; P.L. 2005, ch. 120, § 1; P.L. 2005,
ch. 130, § 1.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-1.2/7-9/7-1.2-907.htmFetched: 10/20/2026
