State Codes and Statutes
Statutes > Tennessee > Title-48 > Chapter-20 > Part-2 > 48-20-20148-20-201. Amendment of bylaws by board of directors or shareholders.
(a) A corporation's board of directors may amend or repeal the corporation's bylaws unless:
(1) The charter or chapters 11-27 of this title reserve this power exclusively to the shareholders in whole or in part; or
(2) The shareholders in amending or repealing a particular bylaw provide expressly that the board of directors may not amend or repeal that bylaw.
(b) A corporation's shareholders may amend or repeal the corporation's bylaws even though the bylaws may also be amended or repealed by its board of directors.
[Acts 1986, ch. 887, § 10.20.]
