Orange County NC Website
16 <br /> ARTICLE I% <br /> PROPERTY <br /> Section 1 . Corporate Property: Any sale or any transfer <br /> of stock, bond, security or any other property standing in the name <br /> of the Corporation shall be valid only if signed by the Corporation <br /> acting through any two officers, acting pursuant to authority given <br /> by the resolution of the Board of Directors. <br /> ARTICLE B <br /> AMENDMENT: <br /> These By-laws may be amended, altered or repealed, in whole or <br /> in part, by an affirmative majority vote of Board members then <br /> holding office. <br />