Articles of Organization: Supermajority Requirements for Bylaw Amendments (MA) | Practical Law
A Standard Clause for the articles of organization of a Massachusetts for-profit corporation authorizing the board of directors (concurrently with the shareholders) to modify the bylaws and requiring the affirmative vote of a majority of the board of directors or a supermajority of the shareholders to make, amend, or repeal a bylaw. This Standard Clause has integrated notes with important explanations and drafting tips.