Title 14, Chapter 3, Section 1007
( 14-3-1007)
(a) A corporation's articles may be amended without board approval or approval by the members or approval required pursuant to Code Section 14-3-1030 or 14-3-1041 to carry out a plan of reorganization ordered or decreed by a court of competent jurisdiction under federal statute if the articles after amendment contain only provisions required or permitted by Code Section 14-3-202. (b) The individual or individuals designated by the court shall
deliver to the Secretary of State articles of amendment setting
forth: (1) The name of the corporation; (2) The text of each amendment approved by the court; (3) The date of the court's order or decree approving the articles
of amendment; (4) The title of the reorganization proceeding in which the order
or decree was entered; and (5) A statement that the court had jurisdiction of the proceeding
under federal statute. (c) This Code section does not apply after entry of a final decree
in the reorganization proceeding even though the court retains
jurisdiction of the proceeding for limited purposes unrelated to
consummation of the reorganization plan. |