§ 8002. Reduction of capital stock by amendment. A corporation may reduce its capital stock by an amendment of its organization certificate under section eight thousand one which:
1. Reduces the par value of any issued shares.
2. Changes issued shares under subdivision two (i) of section eight thousand one and results in a reduction of capital stock.
3. Eliminates from authorized shares, shares that have been issued and reacquired by the corporation.
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