Civil Code Article 53June 19, 2019

The resolution concerning the alteration of the bylaw of a corporation shall be passed at a meeting at which the majority of the members of the corporation are present, and by a majority of over three-fourths of the members present, or when over two-thirds of the members of the corporation declare their consent in writing. "The alteration of the bylaw of a licensed corporation shall be approved by the authorities concerned.

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