Which of the following is true for the amendment of articles of incorporation that does not affect the rights attached to shares?
A) The shareholders need to propose a resolution recommending such an amendment before the board of directors draft the amendment.
B) The shareholders need to provide vote of approval for the amendment after it has been submitted to the secretary of state.
C) The board of directors can approve the amendment without shareholder approval if it does not affect rights attached to shares.
D) The amendment need not be filed with the secretary of state of the state of incorporation if it only affects rights attached to shares.
Correct Answer:
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