Section 6.30. SHAREHOLDERS' PREEMPTIVE RIGHTS
(a) The shareholders of a corporation shall not have a preemptive right to acquire the corporation's unissued shares except to the extent the articles of organization or any contract to which the corporation is a party so provides.
[ Subsection (b) effective until January 5, 2009. For text effective January 5, 2009, see below.]
(b) For purposes of this section, "share'' includes a security convertible into or carrying a right to subscribe for or acquire shares.
[ Subsection (b) as amended by 2008, 451, Sec. 105 effective January 5, 2009. For text effective until January 5, 2009, see above.]
(b) For purposes of this section, "shares'' include a security convertible into or carrying a right to subscribe for or acquire shares.