1. (a) When articles of amendment become effective, the amendment becomes part of the charter of the corporation.

2. (b) When the Department accepts articles of restatement for record:

   1. (1) If they were not approved in the manner required for a charter amendment, they become evidence of the charter; and
   2. (2) If the articles were approved in the manner required for a charter amendment, they become the charter of the corporation and supersede all prior charter documents.
3. (c) When articles of amendment and restatement become effective, they become the charter of the corporation and supersede all prior charter documents.

Added by Acts 1975, c. 311, § 2, eff. July 1, 1975. Amended by Acts 1976, c. 567, § 2.

Formerly Art. 23, §§ 11, 13.