§ 48-20-201. Amendment of bylaws by board of directors or shareholders.

TN Code § 48-20-201 (2019) (N/A)
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(a) A corporation's board of directors may amend or repeal the corporation's bylaws unless:

(1) The charter or chapters 11-27 of this title reserve this power exclusively to the shareholders in whole or in part; or

(2) The shareholders in amending or repealing a particular bylaw provide expressly that the board of directors may not amend or repeal that bylaw.

(b) A corporation's shareholders may amend or repeal the corporation's bylaws even though the bylaws may also be amended or repealed by its board of directors.