15-2-127. NOTICE OF SHAREHOLDERS’ MEETINGS.

1. A corporation shall notify shareholders of the date, time and place of each annual and special shareholders’ meeting no fewer than 10 nor more than 60 days before the meeting. Unless this chapter or the articles of corporation require otherwise, the corporation is required to give notice only to shareholders entitled to vote at the meeting. Notice shall be given by mail or telephone, using the most recent address or telephone number supplied to the corporation by each shareholder.
2. If an annual or special shareholders’ meeting is adjourned to a different date, time or place, notice need not be given of the new date, time or place if that information is announced before meeting adjournment.