 |
California Law (Last Updated: March 4, 2014) |
 |
Corporations Code - CORP |
|
Title 1. CORPORATIONS |
|
Division 2. NONPROFIT CORPORATION LAW |
|
Part 2. NONPROFIT PUBLIC BENEFIT CORPORATIONS |
|
Chapter 8. Amendment of Articles |
Section 5816.
-
The certificate of amendment shall establish the wording of the amendment or amended articles by one or more of the following means:
(a) By stating that the articles shall be amended to read as therein set forth in full.
(b) By stating that any provision of the articles, which shall be identified by the numerical or other designation given it in the articles or by stating the wording thereof, shall be stricken from the articles or shall be amended to read as set forth in the certificate.
(c) By stating that the provisions set forth therein shall be added to the articles.
If the purpose of the amendment is to reclassify, cancel, exchange, or otherwise change outstanding memberships, the amended articles shall state the effect thereof on outstanding memberships.