§ 47-1a-602-1

47-1A-602.1. Terms of class or series determined by board of directors.If the board of directors acts pursuant to §47-1A-602, the board shall determine the terms, including the preferences, rights, and limitations, to the same extent permitted under §§47-1A-601 to 47-1A-601.2, inclusive, of:(1)Any class of shares before the issuance of any shares of that class; or(2)Any series within a class before the issuance of any shares of that series.Before issuing any shares of a class or series created under §47-1A-602, the corporation shall deliver to the Office of the Secretary of State for filing articles of amendment setting forth the terms determined under this section. Source: SL 2005, ch 239, §57.