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§ 10.02 — Vermont Law | CourtGPT
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  6. § 10.02
Vermont Legal Code

§ 10.02

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Amendment by board of directors Unless the articles of incorporation provide otherwise, a corporation’s board of directors may adopt one or more amendments to the corporation’s articles of incorporation without shareholder action: (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 delete the name and address of the initial registered agent or registered office, if a statement of change is on file with the Secretary of State; (4) to change each issued and unissued authorized share of an outstanding class into a greater number of whole shares if the corporation has only shares of that class outstanding; (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; or (6) to make any other change expressly permitted by this title to be made without shareholder action. (Added 1993, No. 85, § 2, eff. Jan. 1, 1994.)