Section 16.21 - By-Law Amendments

MA Gen L ch 156d § 16.21 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Section 16.21. BY–LAW AMENDMENTS

If the board of directors of a corporation makes, amends or repeals any bylaw, the corporation shall report in writing the substance of the change to the shareholders entitled to vote on amending the bylaws, with or before the notice of the next shareholders meeting. Any bylaw adopted by the board of directors may be amended or repealed by the shareholders.