The shareholders of a corporation have the absolute right to amend the bylaws.

Question

Quizplus · Accepted Answer

Shareholders of a corporation have the power to amend the bylaws, as long as they follow the proper procedures outlined in the bylaws and any applicable laws. However, the board of directors may also have some authority over bylaw amendments, depending on the language of the bylaws and the laws of the jurisdiction in which the corporation is incorporated.

The Shareholders of a Corporation Have the Absolute Right to Amend