Section 14. Changes of purposes and powers of corporations incorporated or reincorporated hereunder


Latest version.
  • 1.   Any   corporation   incorporated   or
      reincorporated  under  this  chapter may, within the authority conferred
      and the limitations imposed by sections seven and eight,  extend,  limit
      or  otherwise  change  the  purposes,  objects  or powers, or the use or
      disposition of the revenues of the corporation, by filing a  certificate
      in  the  office  of  the  secretary of state which shall be entitled and
      endorsed "Certificate of  (stating  the  nature  of  the  change  to  be
      accomplished)  of  (name of corporation) pursuant to section fourteen of
      the benevolent orders law" and shall state:
        (a) The name of the corporation and the names of  the  several  bodies
      comprising such corporation;
        (b)  The  date  of  filing  of  the  certificate  of  incorporation or
      certificate of reincorporation in each state office where filed;
        (c) The purposes, powers or provisions to be  amended  or  eliminated;
      the  purposes,  powers or provisions to be added or substituted, and the
      use or disposition to be made of the revenues of the corporation.
        2. The certificate shall be executed and acknowledged by the  trustees
      of  such  corporation  who  shall  make  and  annex thereto an affidavit
      stating that  they  have  been  authorized  to  execute  and  file  such
      certificate  by  a  two-thirds  vote  of  all the members of each of the
      several bodies comprising such corporation present  at  any  regular  or
      special  meeting  of  such  body, and that notice thereof was duly given
      according to the constitution and by-laws, rules and regulations of such
      body.