§ 29-308-05

05. Amendment by board of directors. Unless the articles of incorporation provide otherwise, a corporation’s board of directors may adopt amendments to the corporation’s articles of incorporation without shareholder approval: (1) To extend the duration of the corporation if it was incorporated at a time when limited duration was required by law; (2) To delete the names and addresses of the initial directors; (3) To change the information required by § 29-104.04 (4) If the corporation has only one class of shares outstanding: (A) To change each issued and unissued authorized share of the class into a greater number of whole shares of that class; or (B) To increase the number of authorized shares of the class to the extent necessary to permit the issuance of shares as a share dividend; (5) To change the corporate name by substituting the word 'corporation', 'incorporated', 'company', 'limited', or the abbreviation 'corp.', 'inc.', 'co.', or 'ltd.', for a similar word or abbreviation in the name, or by adding, deleting, or changing a geographical attribution for the name; (6) To reflect a reduction in authorized shares, as a result of the operation of § 29-304.41(b), when

viation in the name, or by adding, deleting, or changing a geographical attribution for the name; (6) To reflect a reduction in authorized shares, as a result of the operation of § 29-304.41(b), when the corporation has acquired its own shares and the articles of incorporation prohibit the reissue of the acquired shares; (7) To delete a class of shares from the articles of incorporation, as a result of the operation of § 29-304.41(b), if there are no remaining shares of the class because the corporation has acquired all shares of the class and the articles of incorporation prohibit the reissue of the acquired shares; or (8) To make any change expressly permitted by § 29-304.02(a) or (b) to be made without shareholder approval. (July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720.) Section References This section is referenced in § 29-307.01, § 29-308.03, § 29-309.02, and § 29-309.04.