8002 - Reduction of capital stock by amendment.

§ 8002.  Reduction  of  capital  stock by amendment. A corporation may  reduce its capital stock by an amendment of its organization certificate  under section eight thousand one which: 1. Reduces the par value of any issued shares. 2. Changes issued shares under subdivision two (i)  of  section  eight  thousand one and results in a reduction of capital stock. 3. Eliminates from authorized shares, shares that have been issued and  reacquired by the corporation.